About
Coased was built on a simple premise: most companies don't carry one risk, they carry a structure of risks, and that structure deserves a hedge built to fit it.
Most hedging is bought off the shelf: a standard FX forward, a standard commodity future, sized roughly to revenue. It works until the supply chain underneath it changes - a new supplier, a rerouted shipment, a renegotiated contract - and the hedge no longer matches the risk. Coased exists to close that gap.
A company's real exposure isn't one line on a balance sheet. It's a structure: which currencies you pay in, which commodities sit inside your inputs, which routes your goods travel, and which terms your contracts run on. We treat that structure as the thing to hedge, not a proxy for it.
Finance and treasury teams at companies with physical supply chains - manufacturers, importers, and distributors - who carry currency, commodity, and logistics risk as a normal part of doing business, and want a hedge that's actually built around it.
Send us a brief description of your supply chain and we'll map the exposure.