**Smart Hedge
**
Commodity traders still agree terms between buyers and sellers over spreadsheets, PDFs and phone calls. Copper and crude contracts price on a Quotational Period (QP): the average of a benchmark, such as the LME copper cash settlement price, over an agreed month. Choose the wrong QP and a cargo’s margin can move [X%] before it lands.

Athena (commodities.dev) is a Commodity Trade and Risk Management system. It reads contract PDFs and turns them into structured data: goods, quantities, pricing terms, payment terms, inventory. Athena is the system of record. Smart Hedge adds the system of action.

Smart Hedge is a copilot for buy-side traders. It takes the deal terms Athena extracts, simulates thousands of price paths, and uses a reinforcement-learning policy, tested against standard hedging baselines, to recommend which benchmark and QP to negotiate or declare for the trader’s risk appetite, with the hedge schedule that goes with it. The trader approves every action.

**Built with
**
Nimble: historical and live benchmark prices and freight data from the web
Tiger Data: price paths and simulation runs as time series
Snowflake: the data lake across every deal
Sentry: monitoring the agent itself, catching errors such as a misread QP clause before they reach a trader

Acting on it with Checker
Every cargo also carries a currency leg. Through Checker (checker.finance), the trader converts and settles that leg with whitelisted counterparties in Checker’s network, timed to the recommended QP and payment terms.

The result: one workflow from contract, to pricing decision, to payment, for buyers who stitch it together by hand today.