Grace & Company Expands Into FX Risk Management And Derivatives

- By FX Markets Staff
- @FXMarkets_
- 20 Sep 1993

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Boca Raton, Fla.-based chemical manufacturers W.R. Grace & Co is expanding into FX risk management and derivatives in a major policy shift for what only two years ago was a decentralized conglomerate. Today Grace is operating with a centralized risk-management function within an 18-strong treasury group, hedging more than $3 billion in interest-rate, foreign exchange and commodities exposures.

Part of the decision to implement a centralized foreign exchange risk-management operation was to become

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Grace & Company Expands Into FX Risk Management And Derivatives

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