These positions, in addition to a larger-than-normal unhedged position
in 2014 due to Vermont Yankee being in its final operating year, allowed EWC to benefit from the increases in northeast market power prices throughout the quarter.
We still recommend an unhedged position
and believe declines, if any, will be limited to 4.
What this means is that the market was assessing a maximum risk to an unhedged position
with this profile to be around $450,000.
gain) on the unhedged position
in the event the foreign
We recommend an unhedged position
and declines, as mentioned above, should be limited to 4.
Fitch notes that for unhedged positions
, exchange rate risk is included as part of Fitch's assessment of the sufficiency of asset coverage available to rated AMPS.
Cipla and IPCA Laboratories have some unhedged positions
and so may marginally gain from the rupee depreciation.
Those hedges, combined with prior hedges entered into by Atlas America and current unhedged positions
The base case and alternate low-case forecasts of future real-time power market prices in major regions and sub-regions are used to quantify the potential financial implications of long or short commodity positions affecting companies in the power and gas sectors - unhedged positions
of wires companies and retail providers, integrated utilities, generation companies and wholesale energy providers,' said Lapson.
The Company notes a strengthening in the gold price and major gold companies are returning to unhedged positions
on the metal price in anticipation of higher, sustained prices.
It is highly likely that a number of retailers operating in South Australian and New South Wales (NSW) will have incurred losses due to their unhedged positions
during this period.
In Orange County, the aggressive use of leveraging to enhance yield and substantial, unhedged positions
in derivative instruments which were highly sensitive to increases in interest rates resulted in market value losses, collateral calls which forced realization of those market value losses, and finally, demands for withdrawal of their funds by participants who were not mandated to be in the pool.