Weather trading made easier, faster, more accurate
Negotiate a trade, click, and electronically send to CME Clearing360
By connecting our Instant Markets quote management system to
CME Clearing360, CME Group's clearing service for
privately negotiated over-the-counter (OTC) and block
transactions, Pivot now enables weather traders to
eliminate the manual process associated with clearing
weather block trades. Now weather traders can manage
more trades, faster.
Brokers can electronically submit orders
Pivot automatically converts quotes into the correct legs
Traders are automatically notified of clearing activity and status
CME Group Weather futures and options offer trading opportunities related
to temperatures, snowfall, frost and hurricanes. The products are based on a
range of weather conditions in 18 U.S., six Canadian, nine European and two
Asian cities, with the hurricane products covering specific regional locations
and actual named hurricanes.
With an estimated 30 percent of the U.S. economy directly affected by
the weather, CME Group enables you to hedge the risk your business faces
from unexpected extremes.