weather futures

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 […]

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 want to manage their exposure […]

Washington, DC, May 27, 2010 — Members of the Weather Risk Management Association (WRMA) elected Members of the Board and a roster of association Officers at its 12th Annual Meeting in Miami, Florida held earlier this month.

“Broadening Our Reach” was the theme of WRMA’s 12th Annual Meeting, held on May 10-12, 2010 in Miami, Florida. The meeting showcased how wide the market’s reach has become with a packed audience of over 75 people hailing from North America, Europe, India and Australia.

Sources in India have confirmed that exchanges and trading firms are still waiting on the Indian parliament to amend the Forward Contracts Regulation Act in order that new asset classes such as weather futures and index-linked weather contracts can be introduced to markets there. This is seen as essential for India to be seen as […]

The Chicago Mercantile Exchange (CME) has issued a press release announcing their intention to widen the scope of snowfall futures and options which can be traded on the exchange. Four new locations will be added for monthly and seasonal snowfall futures and options while new Snowfall Index Binary Options Contracts are to be launched for […]

Earlier today I was reading a press release from Planalytics which discusses a deal they’ve struck to provide weather data services to a large ice cream manufacturer, Dreyer’s Grand Ice Cream, Inc. Planalytics will be providing Dreyer’s with access to data through their Weather Driven Demand (WDD) indices. Dreyer’s will be able to identify where […]

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.

WeatherBill has announced a first in the weather derivative and weather insurance marketplace with the release of a new platform WeatherBill White Label. The white label solution offers a completely bespoke platform that can power third party branded weather insurance and weather derivative programs. The platform automates weather coverage pricing, transaction processing, and risk management […]