Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

cme hurricane options


CME Group applies to create derivatives exchange in London, UK

21st August 2012

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 […]

Read the full article

MDA EarthSat Weather now providing settlement values for CME Hurricane Index

19th June 2012

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 […]

Read the full article