Weather Derivatives May 30, 2006
Posted by newyorkscot in Markets, Risk Mgt.trackback
Will be interesting to see how the market for weather derivatives develops. The range of applications for these products is endless. Thanks, John, for this site on these financial products.
At the Chicago Mercantile Exchange, 328,000 contracts were traded between January and April, up from just 4,200 a year earlier: article here.
Weather Derivatives
From a blog on finance, consumers may want to look at weather derivatives for all kinds of hedges….