Savvy Trades and Investments

[mandjb]

FRD: Isn't this still a hedging loss?


I may be reading this wrong but it looks like the hedging gain from hedges subject to hedge accounting were more than washed by hedging losses not subject to said accounting.

The Company recognized gains related to derivatives designated for hedge accounting of $5,914,720 and $2,398,900 for the three month and six month periods ended September 30, 2021, respectively. The Company recognized losses related to derivatives not designated for hedge accounting of $6,830,780 and $8,219,740 for the three month and six month periods ended September 30, 2021, respectively.