weather futures

Recognising the need for industries to be able to hedge their weather risks using robust data and indices, alongside exchange listing and trading, the National Meteorological Information Center of China and the Zhengzhou Commodity Exchange will work together to develop derivatives products such as weather index futures.

The Stock Exchange of Thailand (SET) is assessing launching weather futures and perhaps other weather derivatives in order to provide weather risk management tools in an exchange traded environment for farmers.

Once again the discussion of exchange-traded weather risk management products for Indian farms, companies and insurers has come to the fore, but this time the plan is for a product to be launched after September of this year.

The Indian financial markets have been pushing for regulation to be introduced that would allow for the use of commodity options and derivatives, including weather derivatives, has been under way for nearly two years now. We’ve written about this previously, here and here, with the latter article discussing moves by the Associated Chambers of Commerce […]

The Chicago Mercantile Exchange (CME), which is the main location that weather futures and derivatives are traded, has experienced a significant drop in the volume of contracts traded across the exchange during 2011 when compared to the prior year. The CME has been experiencing good growth each year but 2011 saw a decline in volumes […]

We last wrote about the push to get weather derivatives listed as a tradable instrument on the commodity exchanges of India back in September last year when the Indian government approved laws to allow commodity options and futures to be traded in the country. It was hoped that the new law would lead to other […]

The Chicago Mercantile Exchange (CME) has recently added a new location where monthly and seasonal rainfall index futures can be traded. The CME now offer ten locations in the U.S. where these rainfall weather risk products can be bought and sold.

The Weather Risk Management Association held their Australian meeting, a conference and networking opportunity for members and interested parties in Australia and New Zealand, last week. With the scale of recent weather disasters in Australia, such as flooding, wildfires and droughts, weather risk is a very hot topic at the moment. Australian companies do not […]

It’s that time of year when companies who have exposures due to colder weather are watching the long range weather forecasts and deciding whether or not to hedge their weather risks this year. We’re hearing that there has been increased interest in cold weather hedging this year after the extremes experienced in some parts of […]

Our third in this series of interviews with leading industry figures features Marty Malinow of Galileo Weather Risk Management Advisors LLC. Marty has been involved in the weather risk management marketplace for twelve years and in capital markets for twenty years. Before co-founding Galileo Weather he was co-founder of XL Weather & Energy and headed […]