Bunker Hedging: allow for correct settlement of WTI/Brent Futures
1
votes
As WTI and Brent Futures are increasingly used to proxy hedge bunker exposures, it is suggested Veson allows for correct settlement of them, this would require
i) "settlement" at the delisting rate (work around is clly to populate the Last 7 days field)
ii) adding logic recognising that f.e. Brent Front month is T+2 and not current month (meaning for settlements the settlement price entered at the end of February is actually for the April contract, not for a March contract)