snowfall derivatives


Snowfall weather derivatives out of favour, says report

The market in exchange traded snowfall derivatives has all but ground to a halt, according to a report from CNN, resulting in not even a single snowfall-linked weather derivative contract being traded on the Chicago Mercantile Exchange (CME) in 2013. Snowfall derivatives have been available to trade on the CME for read the full article →

Wintry weather in U.S. increases interest in snowfall derivatives

It's two years since the Chicago Mercantile Exchange (CME) launched its snowfall derivative contracts giving market participants a way to hedge the risks of there being too much snowfall and that impacting their business and profits. The snowfall contracts have been gaining traction and increasing interest especially since the recent read the full article →