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From the Weather Desk
10.31.12
Betting on Stormy Weather
Evolution's Nick Ernst discusses with Marketplace Radio how the derivatives market helps businesses hedge weather exposure like hurricane Sandy.
Betting on Stormy Weather
Evolution's Nick Ernst discusses with Marketplace Radio how the derivatives market helps businesses hedge weather exposure like hurricane Sandy.
The $15 billion weather derivatives market has helped companies manage bottom line exposure to the weather for more than a decade. This includes major weather events like hurricane Sandy.
Nick Ernst, Director of Weather Derivative Markets at Evolution Markets, is featured in a story on Marketplace Radio highlighting the weather market and how companies are trading weather derivatives to manage risk associated with weather trends -- and weather events such as Sandy.
You can listen to the story HERE.
To learn more about weather derivative markets, please contact our Weather desk at: +1 914.323.0260.
