Australia's Coca-Cola Amatil Signs with SuperDerivatives
Continuing its expansion into the buy-side sector, SuperDerivatives has licensing its options system to Australia’s Coca-Cola Amatil. The solution will help Coca-Cola Amatil hedge the risks that stem from the group’s production and bottling activities across the Asia/Oceania region more efficiently, said SuperDerivatives. Steve Barraclough, Treasury Executive of Coca-Cola Amatil, commented: ‘SuperDerivatives [allows us to] access true market prices. This is extremely important as it means we are able to mark-to-market our hedging portfolio with independent rates, thus enabling us to meet the guidelines in IAS 39.’
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