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EXCLUSIVE-Germany set to assume $230 billion in Uniper derivatives

An Economy Ministry spokesperson told Reuters that Uniper used derivatives to guard against risks in the price of or delivery of energy, or as a hedge against currency swings. Any losses from its overall exposure may be counterbalanced by gains from the financial instruments, which seek to buffer energy price swings with options to buy or sell gas, for example, for a set price in the future. ....

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