designing a hedging strategy using a derivative contract of currency pairing(CAD/CHF = Canadian Dollar / Swiss Franc)

The detailed requirements for this task are as follows:

You will be assigned a currency pairing(CAD/CHF = Canadian Dollar / Swiss Franc). For your assigned currency paring you will be tasked with examining its performance over the period of 1st October to 1st November 2015. Based upon your examination of its performance, you are now tasked with designing a hedging strategy using a derivative contract of your choice (you are only allowed a single class of derivative contract, for example you are allowed to use both a put and a call option but not a combination of options and futures). The design process should include a consideration of your selected hedging strategy against alternatives (i.e. the contracts that you have not used) and an indication for the selection of your contract of choice.

You are required to critically evaluate the hedging strategy that you have used in relation to your assigned currency pair. Your critical evaluation should show extensive consideration for the current state of the FOREX markets and arguments should include both academic and practical support. All work should be complied into a 3000 word (maximum) report
Note: Going extensively over the word limit could result in a penalty of up to 10% of the overall assessment mark.

this is a report not an essay, please follow report structure.The reference should be around 20 and cited by Harvard style.

designing a hedging strategy using a derivative contract of currency pairing(CAD/CHF = Canadian Dollar / Swiss Franc)

The detailed requirements for this task are as follows:

You will be assigned a currency pairing(CAD/CHF = Canadian Dollar / Swiss Franc). For your assigned currency paring you will be tasked with examining its performance over the period of 1st October to 1st November 2015. Based upon your examination of its performance, you are now tasked with designing a hedging strategy using a derivative contract of your choice (you are only allowed a single class of derivative contract, for example you are allowed to use both a put and a call option but not a combination of options and futures). The design process should include a consideration of your selected hedging strategy against alternatives (i.e. the contracts that you have not used) and an indication for the selection of your contract of choice.

You are required to critically evaluate the hedging strategy that you have used in relation to your assigned currency pair. Your critical evaluation should show extensive consideration for the current state of the FOREX markets and arguments should include both academic and practical support. All work should be complied into a 3000 word (maximum) report
Note: Going extensively over the word limit could result in a penalty of up to 10% of the overall assessment mark.

this is a report not an essay, please follow report structure.The reference should be around 20 and cited by Harvard style.