cme

Share

CME Group applies to create derivatives exchange in London, UK

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 read the full article →

MDA EarthSat Weather now providing settlement values for CME Hurricane Index

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 read the full article →

CME hurricane index contracts could payout as quickly as five days after landfall

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 read the full article →

Hot weather slows weather derivatives trading volumes

Environmental Finance, the monthly magazine covering the impact of environmental issues on lending, insurance, investment and trading decisions, have published an interesting news article on the weather derivatives market today. The article shows that the recent hot weather across the U.S., which resulted in the fourth warmest July on record, read the full article →

Above average temperatures to continue across U.S., good news for some weather derivatives traders

We wrote last week that some weather traders are taking advantage of the recent heat wave across the U.S. to profit from making the right choices with their weather derivative contract purchases. The high temperatures caused some weather derivative contract prices to soar on the Chicago Mercantile Exchange (CME) allowing read the full article →

Weather derivatives traders cash in on heatwave

The U.S. has been suffering from unusually high temperatures, dry weather and heatwaves across many regions in recent days and weeks. High temperatures mean weather traders are busy as companies and traders seek to hedge their weather risks using instruments such as weather derivatives.Savvy weather traders are apparently cashing in read the full article →

CME to launch rainfall futures in nine U.S. cities

CME Group has announced that it will begin to list rainfall futures, options on futures and binary options beginning on 31st October to be traded from 1st November. Both monthly and seasonal contracts will be available March to end of October across nine cities in the U.S. to businesses that read the full article →