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Worsening Weather Is Igniting a $25 Billion Market - Vimarsana News

Worsening Weather Is Igniting a $25 Billion Market

(Bloomberg) -- Marty Malinow's mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimmi

Source: yahoo.com
BGC Group Hires Nicholas and Eric Ernst to Launch Weather Derivatives Desk - Vimarsana News

BGC Group Hires Nicholas and Eric Ernst to Launch Weather Derivatives Desk

/PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the addition of a Weather...

BGC Group launches weather derivatives desk with Ernst hires - Vimarsana News

BGC Group launches weather derivatives desk with Ernst hires

BGC Group, Inc., the global brokerage and financial technology company, has launched a new weather derivatives broking desk, with the hires of well-known

Source: artemis.bm
Climate change heats weather markets - Environmental Finance - Vimarsana News

Climate change heats weather markets - Environmental Finance

Environmental-finance.com is an online news and analysis service reporting on sustainable investment, green finance and the people and companies active in environmental markets

TP ICAP launches index to trade pace of climate change - Vimarsana News

TP ICAP launches index to trade pace of climate change

TP ICAP , the world's largest inter-dealer broker, said on Wednesday it had launched a weather data-backed index that would allow financial risks tied to the pace of climate change to be traded for the first time.