Risk.net

TFS Energy completes $50 million weather auction

A $50 million Dutch auction has been completed by interdealer broker TFS Energy’s US weather derivatives division.

    • Katie Holliday
  • LinkedIn  
  • Save this article
  • Print this page  

Offers were solicited for cumulative average temperature calls in Madison, Wisconsin, and Cedar Rapids, Iowa, for the June to August 2008 time period.

A total of $50 million in notional risk was placed in the auction and its capacity in the market was oversubscribed, according to TFS. The broker has previously hosted auctions ranging from $1 million to upwards of $60 million of transferred risk.

“The consistent yearly end user interest we are seeing in the weather market is an excellent

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here