First ‘2nd event’ hurricane option contract clears on the CME
24th March 2009The Chicago Mercantile Exchange recently launched 2nd event Florida and Gulf Coast hurricane option contracts to the trading community. Already, Tradition have announced through a press release that the market is open for business as their U.S. reinsurance division Tradition Re have brokered the first deal on these new 2nd event contracts. The deal, a […]
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