Business
India
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 Chennai’s 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.
Continue Reading on Economic Times - Markets
This article is aggregated from Economic Times - Markets. Click below to read the full story.
The Guardian - Business
Bloomberg