A Nymex spokeswoman told Energy Risk that weather futures are viewed as a “natural fit” and that the exchange may, in fact, launch a weather futures contract by the end of the year. The plan would be to offer the product on the exchange’s Clearport trading system – offering futures based on both US and European locations.
Meanwhile Tiffe says it is in talks with several parties to work out contract details for Japanese weather futures.
Tiffe’s plan to launch weather contracts follows an annou
To continue reading...
Start a Risk.net Trial
Register for a Risk.net Business trial to access this article. Sign up today and get access to: