Wall Street’s next trading innovation: Air-fare derivatives
An Airbus narrow body plane
Nicolas Economou | NurPhoto | Getty Images
European planemaker Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against swings in ticket prices.
Just like airline companies use oil futures to hedge against the volatility in fuel costs, they will soon be able to do the same with the swings in…
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