Currency fintech aims to 'bring hedging to everyone'

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Irish foreign exchange technology firm Assure Hedge is launching a service which it describes as aiming to 'bring hedging to everyone'.

Hedging is a method - deployed by businesses usually - to protect against future changes in currency exchange rates, whether expected or unexpected.

"We need to reach the people who are not hedging today and we need to present a simplified solution to their currency exposure at the time that exposure arises. Without that, hedging will remain the privilege of only very large companies with treasury teams and corporate bankers," Barry McCarthy, founder and Head of Embedded Hedging at Assure Hedge explained.

 

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