Posts Tagged ‘Chicago Board of Trade’

Hedgers Brace for Hurricane Season

Hedgers Brace for Hurricane Season

With the Atlantic hurricane season getting underway this week, rising temperatures and wind speeds on the Eastern Seaboard and Gulf Coast could give way to rising trade volumes for the Chicago-based CME Group Inc. for hurricane derivatives.
Last year 32,600 contracts were cleared through the CME, most of which were traded during the hurricane season. So [...]