More NewsXstrata Copper Goes Live with Brady’s Risk Management

Xstrata Copper Goes Live with Brady's Risk Management

Xstrata Copper has gone live with Brady’s Trinity 2009 for risk management. Xstrata Copper Middle East (XCME) is now using Brady for risk managing its physicals book for refined and unrefined metals globally. The key activities of the Dubai-based operation are:

  • An internal brokerage offering hedging services to Xstrata Copper units worldwide.
  • A trading operation managing Xstrata Copper’s global copper position.
  • A risk management body managing the metal price risk, initially for XCME but ultimately for Xstrata Copper worldwide.

As well as trading, hedging and risk management Brady is being used to improve brokerage capabilities at XCME. Brady will give the brokerage the capability to easily administer positions using a wide number of financial instrument types including, swaps, futures, forwards, options and OTC equivalents – LME options and Traded Average Price Options (TAPOs).

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha