trading

MDA Earthsat has announced that they will be providing weather data products to the Chicago Mercantile Exchange (CME) for Hiroshima, Japan. That will be the third Japanese city to be made available to trade with CME weather futures.

The results of the most recent annual survey by the Weather Risk Management Association and Pricewaterhouse Coopers have been released at the WRMA conference yesterday. Here are some of the highlights of the report which covered the period April 1st to March 31st. Volume of contracts exchanged, both in OTC and exchange traded deals plummeted to […]

We’re pleased to be able to exclusively announce to our readers that a new electronic trading platform for the industry loss warrant and secondary catastrophe bond trading markets is now live and and operational with live pricing. MYRIAS provides real-time access to these instruments online in a secure and anonymous OTC trading environment. MYRIAS promises to […]

Climate Change PLC has announced it’s full year figures for 2008. As the owners of the Insurance Futures Exchange (IFEX) they have numbers to share on how well the hurricane risk trading facility (housed at the Chicago Climate Futures Exchange) has performed in the first full year of windstorm futures trading. They report that the […]

We’ve been waiting to see reported figures for the 2008 weather contract volumes traded on the Chicago Mercantile Exchange (CME). Unusually, the place we’ve found them is in an article on Medill Reports, a publication from Chicago Northwestern University. The numbers reported don’t look good either. We’d expected to see the trade in weather derivatives, […]

Advances in risk modelling, measurement and management are all pointing towards the emergence of a much more fluid market for catastrophe instruments in Europe particularly with regards to windstorms (such as the recent windstorm Klaus). Right now there have been a few catastrophe bonds which have European windstorm exposure but no market comparable to the […]