Global practice of hedging financial risks in the context of developing relevant strategies for their leveling for Russian companies in the real sector of the economy

The author examines the global practice of hedging financial risks using derivative financial instruments. Regional specificity in determining the most relevant risks for companies and the used hedging instruments, including in terms of their implementation are revealed. The place of domestic hedging strategies in the global coordinate system is determined. Analysis of the MOEX tools in terms of the most effective derivatives for leveling the financial risks of domestic companies in the real sector of the economy is carried out. As the main method for determining the amount of financial risks, the calculation of the value risk measure - Value at Risk (VAR) is proposed. Its comparative analysis with other algorithms is carried out and the key steps in the case of using the historical method of its calculation are outlined.