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Chennai’s rain gets a market price: NCDEX launches RAINCHNNAI weather derivatives futures contract
NCDEX launched RAINCHNNAI, a futures contract allowing market participants to hedge Chennais Northeast Monsoon risks. Utilizing a Cumulative Deviation Rainfall model, it complements the RAINMUMBAI contract, providing a complete monsoon risk management cycle from June through December.
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economictimes.indiatimes.com
Chennai’s rain gets a market price: NCDEX launches RAINCHNNAI weather derivatives futures contract
NCDEX launched RAINCHNNAI, a futures contract allowing market participants to hedge Chennais Northeast Monsoon risks. Utilizing a Cumulative Deviation Rainfall model, it…
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thehindubusinessline.com
NCDEX launches futures on Chennai rains
NCDEX launches Chennai rain futures to help participants hedge financial risks from the North-East monsoon's rainfall variability.
