Hello! I have a school assignment on the Barings case, but I don't know much about anything related to financial market.

The question I can't really figure out is this one: Would it be interesting for Leeson to hedge himself with swaps?

I don't know if I relate swaps to account 88888 or to the Nikkei index falling... And I don't what kind of swaps I should mention either. If anyone could help...