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
press release - Sep 22, 2020

NUMERIX CEO STEVEN O’HANLON IN PARTNERSHIP WITH FINTECH CIRCLE CEO SUSANNE CHISHTI PUBLISH

press release - Sep 23, 2020

Numerix CrossAsset Analytics Has Major Software Release

newsletter issue - Sep 15, 2020

Thinking Derivatively – September 2020 Newsletter

white paper

White paper | LIBOR Transition Readiness: The Current Narrative

in the news - Aug 4, 2020

Numerix - Best Risk Management Solution: WatersTechnology Asia Awards 2020

product collateral

NxCore For XVA | Fact Sheet

in the news - Aug 21, 2020

WatersTechnology Asia Awards 2020 Winner's Interview: Erdem Özgül and Stephen Cheng, Numerix

on-demand webinar - Aug 20, 2020

Risk.net On-Demand Webinar | LIBOR Transition in Asia-Pacific: How to Stay Ahead of the Curve

newsletter issue - Aug 13, 2020

Thinking Derivatively – August 2020 Newsletter

news - article pdf - Aug 11, 2020

SRP Asia Awards 2020: Numerix Wins Best Pricing & Analytics Provider

white paper

White paper | The Current State of XVA Usage in Latin America

live webinar - Aug 18, 2020

Webinar 8/18 | LIBOR Transition in Asia-Pacific: How to Stay Ahead of the Curve