01
Find the event.
Oros traces the operating exposure to one event, one place, one period, and one public record.
The last-mile hedge.
Oros builds markets for the material risks no listed market matches.
The exposure is specific.The hedge is not.
Standard risks have standard instruments.
Rates, currencies, credit, and listed commodities trade with established terms and prices.
- Rates.
- Hedged.
- Currencies.
- Hedged.
- Credit.
- Hedged.
- Listed commodities.
- Hedged.
Operating exposures are more specific.
Companies carry recurring balance-sheet exposures tied to a specific event, place, and period. These are not edge cases. Standard markets do not match that detail.
- The tariff.
- Unhedged.
- The freeze.
- Unhedged.
- The closure.
- Unhedged.
- The decision.
- Unhedged.
Unmatched exposures are where new markets begin.
With no matching instrument, a company hedges a related benchmark and keeps the difference.
Oros is building institutional markets for exposures with public records and no listed hedge. The first are in commodities.
Oros does the work between an exposure and a contract.
02
Arrange the other side.
Oros prices the contract and arranges the counterparty that takes the other side.
03
Calculate the outcome.
Oros applies the named record to the written terms and calculates the amount due.
One exposure. Two sides. Written terms.
01
Exposure received.
Start with the operating exposure, not a finished instrument.
02
Terms written.
The event, record, window, and payment are written before the contract begins.
03
Other side arranged.
Oros arranges the counterparty. Both sides sign the same written terms.
04
Outcome calculated.
The named record is applied to the terms. Oros calculates the amount due.
The company brings Oros an operating exposure. Oros traces the event, structures and prices the contract, arranges the counterparty, and calculates the outcome. Oros does not take either side.
Bilateral contract.
Event.
A defined tariff, freeze, closure, or decision.
Record.
The public source named before the contract begins.
Window.
The dates during which the event can resolve.
Event. Tariff.Record. Named notice.Window. Fixed dates.Payment. Amount due.Awaiting the record.
The record decides.
These markets are possible because the records are public, the events are specific, and the terms can be written in advance. A contract can name its record as plainly as it names its parties.
The tariff lands after pricing.
The named notice controls resolution.
The freeze breaches the window.
The station record controls resolution.
The closure delays the shipment.
The authority record controls resolution.
The decision publishes before the window closes.
The public record controls resolution.
Companies transfer risk. Investors take the other side.
Companies.
The contract turns an operating exposure into fixed terms. The company knows the event, record, window, price, and payment before it signs.
Investors.
The contract presents a defined event, a fixed window, and a stated payment. The risk taken is the risk written.