CME Group
Automate weather clearing using Pivot Instant Markets
Weather trading made easier, faster, more accurate
Negotiate a trade, click, and electronically send to CME Clearing360.
By connecting our Instant Markets quote management system to CME Clearing360™, CME Group's clearing service for privately negotiated over-the-counter (OTC) and block transactions, Pivot now enables weather traders to eliminate the manual process associated with clearing weather block trades. Now weather traders can manage more trades, faster.Brokers can electronically submit orders
Pivot automatically converts quotes into the
correct legs
Traders are automatically notified of clearing
activity and status
CME Group Weather futures and options offer trading opportunities related to temperatures, snowfall, frost and hurricanes. The products are based on a range of weather conditions in 18 U.S., six Canadian, nine European and two Asian cities, with the hurricane products covering specific regional locations and actual named hurricanes.
With an estimated 30 percent of the U.S. economy directly affected by the weather, CME Group enables you to hedge the risk your business faces from unexpected extremes.
Visit www.cmegroup.com/weather