UK team expands

It has been twelve months since Hedgebook’s CEO, Richard Eaddy, packed his bags and headed to London to spread the Hedgebook gospel. The success over this time has validated Hedgebook’s relevance for the UK/European market…

Featured Client: ALSO

As Hedgebook spreads its wings to new jurisdictions, it is appropriate that this edition of Rickshaw features a non-Australian or New Zealand company. ALSO’s head office is in Switzerland and provides a B2B market place…

Interest Rate Profile Tool

One of my favourite roles at Hedgebook is working with our awesome development team to deliver new, cool functionality for our users. Recently we have been working on the development of an interactive tool to…

Technology sector leader joins Hedgebook as shareholder and director

New Zealand based fintech company, Hedgebook, has successfully completed its latest funding round with a significant investment from experienced technology entrepreneur and leader Peter Dickinson. Peter joins Hedgebook as its newest shareholder and director. Hedgebook’s…

Featured Client: Rockit Apples

Hawke’s Bay is home to a host of food and wine exporters. The climate and fertile soil are ideal growing conditions and we are spoilt by all the produce from New Zealand’s “food bowl”. Pip…

Impact of path dependent options

One of the difficulties companies face when using path dependent options, such as leveraged collars or participating forwards, is that the amount of cover in place will alter under different market conditions. Example: NZ based…

New FX hedging instruments within Hedgebook

Traditionally, the typical Hedgebook user has focused their foreign exchange hedging activity at the vanilla end of the spectrum. Forwards, purchased options and options that are in one-for-one collar relationships have been the staple diet…

NZTE Ready for Launch 2016 Showcase

Hedgebook was delighted to be selected as one of twelve companies to pitch at the NZTE showcase event in Hawke’s Bay on November 2. The Rockit Apples pack-house in Havelock North was transformed into an…

How to better understand the impact of FX hedging decisions

Companies will often hedge foreign currency exposures against harmful exchange rate fluctuations. Having decided to enter financial instruments, such as forward exchange contracts and options/collars, it is necessary to evaluate the performance of the hedging…

Featured Client: Kapiti Coast District Council

Kapiti Coast District Council (KCDC) has been a Hedgebook client for almost two years. Originally Council’s requirement for Hedgebook was to perform the independent valuations of its interest rate swap portfolio at 30 June financial…

LGFA Borrower Note in Hedgebook

It was a fantastic two days rubbing shoulders with the Local Government finance community at the recent SOLGM Strategic Finance Forum in Wellington. It was an opportunity to listen to some of the inspiring initiatives…

Credit conditions worsening means greater materiality of CVA/DVA

The introduction of IFRS 13 in January 2013 was, in part, recognition of the mispricing of market credit risk that had resulted in the near collapse of financial markets in 2008. IFRS 13 requires “fair…