Hedging mechanisms for exchange risks by banks using derivatives case study period 1998/2013 General Group Company

Abstract

This study aims to identify the most important mechanisms used by the activity of international banks in the hedging of exchange rates through the use of several techniques, either internal or external techniques, such as futures and the spot exchange rate and currency futures and swap contracts and currency options. In addition to the study applied to the SocietyGeneral Group, and analysis of the dependence of the bank and the use of derivative contracts of all kinds through the Bank's financial information in its annual financial reports for the period between 1998 and 2013.