weather futures

The weather futures trading market is looking incredibly healthy today after the news that Tradition has placed the largest ever volume for a specific weather futures contract at the CME. The deal entailed a Dutch auction style placement to protect their client from weather risks in the London, UK area. The extra capacity this massive […]

CME Group has announced today that it is expanding its suite of weather products to include the Australian cities of Melbourne, Sydney and Brisbane. It’s the first time they’ve supported trading of weather products in Australia. The contracts will go on sale on the 23rd February and include temperature based products of heating and cooling […]

2008 was a year of ups and downs for the insurance linked security and catastrophe bond markets, while the weather risk management market did not fare so badly (although it has been quiet on the news front). At the start of 2009, we thought we’d ask some of our friends within these markets to contribute […]

Every so often I come across research papers that I just want to share with the Artemis readership and today I received a press release for a particularly apt one given the current financial climate. Weather Trends International have released a paper on weather trading and it’s correlation to financial market swings titled ‘What’s the […]

Energy Risk is reporting that Russian Trading Systems FORTS (futures and options market) is planning to launch weather futures in 2009. Development of the contracts is said to be complete but RTS originally announced the launch of these contracts back in 2007 (their website still says coming at the end of 2007) so we wait […]

The Weather Risk Management Association has made the presentations from it’s recent annual meeting available on it’s website. For those who couldn’t make the meeting here are links directly to the presentations (in MS Powerpoint). Long Term Management of Weather and Other Risks Robert Shiller, Chief Economist, MacroMarkets LLC Parametric Extreme Events Warren Isom, Executive […]

The CME is expanding it’s locations for weather trading all the time. Today they’ve announced the addition of Oslo, Norway; Little Rock, Ark.; Los Angeles, Calif.; Colorado Springs, Colo.; Jacksonville, Fla.; Raleigh, N.C.; and Washington DC which brings the total number of locations for city temperature contracts to 42 (broken down as 24 in the […]

Interesting idea from the Irish Examiner: Weather futures may be safer bet for pension funds IN the crazy world of futures investment, pensioners are even betting on the weather. Globally, pension funds are estimated at $18.6 trillion, and about $80 billion if this is thought to be invested in commodities, much of it in futures […]

The CME Group (provider of the widest range of benchmark futures and options products available on any exchange) and Storm Exchange (the company creating a financial market to help businesses better plan for and manage their weather-related risks) have teamed up and announced the release of the results to a study on corporate weather risk […]

India’s National Commodity & Derivatives Exchange is planning on listing the countries first commodities index. Starting with with it’s most active commodities the plan is to follow up by launching a weather index in the near future. The planned rainfall index will use data from 350 weather stations around India to help companies and farmers […]