Risk.net

TFS Energy hosts first Italian weather derivatives trade and Dutch auction

Interdealer broker TFS Energy has completed the first Dutch auction of weather derivatives in Rome, Italy.

    • David Watkins
  • LinkedIn  
  • Save this article
  • Print this page  

TFS' US weather derivatives division completed the auction on behalf of a client who, the brokerage said, was looking to offset its risk, and gave no further details.

TFS says that offers were solicited for cumulative average temperature calls in Rome for the May–September 2008 time period. The auction had a total of $40 million in notional risk placed, and TFS says it was oversubscribed in terms of the capacity that was available in the market.

The Dutch Auction format sees the auctioneer begin

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