06.02.2009 - CME to launch Australian weather contracts, quanto structuresspacer
From Environmental-finance.com: The Chicago Mercantile Exchange (CME) is to list temperature-based weather contracts for the Australian cities of Melbourne, Sydney and Brisbane. Both futures and options for heating degree days and cooling degree days will be launched, over monthly and seasonal timescales. Priced in Australian dollars, they will begin trading on 23 February..... Full Article: Source
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