Notice of RetractionCases study on the application of derivatives in exchange rate risk management in foreign-related enterprises

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

This paper is based on the background of increasing exchange rate risk under the floating exchange rate system and the global financial crisis. Given that foreign-related enterprises in China lack specialized talents and dealing experience of derivatives, by the aid of cases study, this thesis studies the techniques of exchange rate risk management by using futures and swaps. At last, it supplies suggestions on how to play the positive role of derivatives in risk management, avoid to produce new risks by improving the accuracy of market forecast, insisting on hedging principles, etc, so as to lock in the enterprises´ costs and profits, optimize enterprises´ debt structure.