Chicago Mercantile Exchange

The Chicago Mercantile Exchange (CME), which has always been an exchange location where weather futures and derivatives have been traded, is set to use weather data for settlement and valuation of its contracts from specialist provider Speedwell.

The Chicago Mercantile Exchange (CME), the U.S. financial derivatives exchange where weather risk and hurricanes are traded, has applied to create a London-based derivatives exchange. The CME have submitted applications to the UK’s Financial Services Authority and says that pending regulatory approval as a Recognized Investment Exchange, the new exchange CME Europe Ltd will initially […]

As part of its weather derivative product offering the Chicago Mercantile Exchange (CME) allows interested parties to participate in their market for hurricane futures and options. Users can access exchange traded hurricane futures and options based on the CME Hurricane Index (CHI), a proprietary index originally developed by the ReAdvisory group of Carvill America, Inc. and […]

The Chicago Mercantile Exchange (CME), which is the main location that weather futures and derivatives are traded, has experienced a significant drop in the volume of contracts traded across the exchange during 2011 when compared to the prior year. The CME has been experiencing good growth each year but 2011 saw a decline in volumes […]

The Chicago Mercantile Exchange (CME) has for a number of years been offering hurricane futures and options to anyone seeking to hedge the risks of landfalling hurricanes impacting their bottom line. Users of these contracts are generally re/insurers, some hedge funds, ILS funds and investors with exposure to specific storms and certain corporates with hurricane […]