FX Focus - Corporates accused of pricing complacency

No-one likes a party-pooper. But, it's a role one corporate treasurer at a global technology firm believes he must take on, as he describes the dangers inherent in the current pricing ‘nirvana' for corporate hedgers.

"What the corporate world sees now is absolutely fantastic – hedging is cheap, transparent and fast for both spot and derivatives deals. What is worrying is that we see total complacency among corporates," he says. "Many treasuries are not ready for the possibility of prices