"Barely a decade old, the weather derivatives market has grown by leapsand bounds, fuelled by an increased a - weather derivatives trading
It is true that had the weather derivatives market has increased.
For a brief introduction to the weather derivatives, see
http://www.investopedia.com/articles/opt ...
A list of weather derivatives traded on the CME shows
http://www.cme.com/trading/prd/weather/i ...
For a longer and more technical introduction to the time derivatives, see
http://www.cme.com/files/weatherde.pdf
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