A Great Day to Highlight Snowfall Futures from The CME Group
- ppearlman
- December 27th, 2010
With the recent blizzard up the North East coast, today is a perfect day to highlight how those who need to can hedge snowfall risk.
The CME Group offers Snowfall Futures and options contracts for 5 US cities including New York, Chicago, Boston, Detroit and Minneapolis.
These contracts are utilized by companies including salt suppliers, plow companies and even property managers. You can find more information here and below a video hosted by Christina Hanson from The CME Group discussing these contracts.
The CME Group is a StockTwits Sponsor
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
Tickers: Christina Hanson, CME Group, Phil Pearlman, Snowfall Futures and Options
blog comments powered by Disqus-
StockTwits® is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related data and structures it by stock, user, reputation, etc. More »
-
Archives
-