ChAI founder eyes metals and power for expansion after selling first hedges for recycled materials
Derivatives specialists often rush to correct anyone who mistakenly labels their instruments as insurance. But one former trader is trying to bring the two worlds closer together, having sold the first insurance contracts on raw material price risk in a blueprint he believes could serve as a viable alternative to derivatives for various commodities, from cocoa to copper.
Tristan Fletcher is the founder and chief executive of ChAI, a five-year-old fintech that uses artificial intelligence to
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