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Article: CME Group Announces New Snowfall Contracts.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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CME Group, the world's largest and most diverse derivatives marketplace, announced the launch of four new locations for monthly and seasonal Snowfall futures and options contracts as well as new Snowfall Index Binary options contracts, scheduled to become available for trading on Monday, Dec. 7. These contracts are listed with, and subject to, the rules and regulations of CME.
The exchange is adding monthly and seasonal snowfall futures and options on futures contracts for New York LaGuardia Airport, Chicago O'Hare International Airport, Minneapolis/St. Paul Airport and Detroit Metro Airport.
The futures and options on futures contracts enable market ...