Hedging USD/MXN: How to Hedge the Trump Era Policy Impacts on the Peso

During the 2016 US presidential campaign and following the election, foreign exchange (FX) markets have seen increased volatility – and the Mexican peso has been among the strongest correlated to its movements. In May 2016, when then-Republican candidate Donald Trump moved into a commanding lead in the primaries, the Mexican peso gradually weakened from 17.5 to the dollar to 19 to the dollar as he was confirmed as the Republican candidate. This was followed by a move to 20.57 to the dollar with President Trump’s election and 21.95 to the dollar as he took office. Since late January, the peso has recovered to a level of 18.7 to the dollar at the beginning of April.

With a renegotiation of NAFTA on the horizon and the Trump administration’s busy agenda for setting new domestic and international policy in the first 100 days, continued volatility is likely in the near future for USD/MXN.

Any institution exposed to fluctuations of the Mexican peso needs to put an FX strategy in place to address this volatility.

On April 26th, 2017 featured speaker Udi Sela illustrated ways for firms exposed to the weakening of the peso to hedge against devaluation, while potentially benefiting from favorable market moves.

Mr. Sela covered the following topics:

  • An overview of USD/MXN exposures

  • Vanilla hedging strategies

  • Hedging using exotic options

  • Key takeaways

Attendance is complimentary, Registration is required. Space is limited, reserve your seat today!

Featured Speaker:

Udi SelaUdi Sela, Vice President, Partner Solutions EMEA, Numerix
Udi Sela has been active in foreign exchange derivatives markets for over 20 years. As a senior derivatives trader and trading manager at Citibank and JPMorgan, he developed expertise in derivatives spanning both vanilla and complex FX options. After his trading career, he has led product development and pre-sales functions within a range of financial software vendors.

Over the last two years, Mr. Sela has transitioned into a business development role, focusing on building Numerix’s partner business in EMEA with a special focus on embedded partners as well as market data businesses. He holds an MBA in Finance and Technology Management.

Jim JockleModerator: Jim Jockle, Chief Marketing Officer, Numerix
Mr. Jockle leads the company's global marketing efforts, spanning a diverse set of solutions and audiences. He oversees integrated marketing communications to customers in the largest global financial markets and to the Numerix partner network through the company's branding, electronic marketing, research, events, public relations, advertising and relationship marketing.

Prior to joining Numerix, he served as Managing Director of Global Marketing and Communications for Fitch Ratings. During his tenure at Fitch, Mr. Jockle built the firm’s public relations program, oversaw investor relations and led marketing and communications plans for several acquisitions. He also oversaw the brand development of a new company dedicated to the enhancement of credit derivative and structured-credit ratings, products and services. Prior to Fitch, Mr. Jockle was a member of the communications team at Moody's Investors Service.

Register for the On-Demand Webinar

Select Form: 

Form #1: On-Demand Webinar

Keep me informed of future webinars from Numerix:

Sign me up to receive "Thinking Derivatively" monthly newsletter by Numerix:

* Required fields
news - article pdf - Jul 5, 2018

CEO Today | COO & EVP Dawn Patrick Featured on Cover of CEO Today

news - article pdf - Jul 5, 2018

CEO Today Business Women of the Year Awards 2018 | Dawn Patrick Profile

on-demand webinar

A Competitive Edge in OTC E-Trading — Next-Generation Technology Capable of Delivering Tomorrow...

conference presentation

Fixed Income Investment in Rising Interest Rates

journal issue

Numerix Journal Vol. 5, No. 1

white paper

LIBOR Alternative Rates: The Transition and the Future of OTC Derivatives Pricing and Curve...

on-demand webinar

Roundtable Discussion: The 'State of the State' of XVA Front-Office Risk Management

conference presentation

Margin Value Adjustment and Adjoint Differentiation

conference presentation

Multi-Curve and the end of LIBOR

news - article pdf - Jun 5, 2018

Sell Side Technology Awards 2018 | Best Sell-Side Credit Risk Product

written blog

Blockchain in the Derivatives Market: Not to Be Dismissed

on-demand webinar

Avoiding Common Pitfalls on the Path to Digital Transformation