Marketed by:
Weather Trading
Weather derivatives are the first financial tool available to risk managers to stabilise earnings volatility caused by the unpredictability of the weather .They are increasingly becoming standard fare in the portfolios of utility companies with non-US based deals set to be of increasing importance over the coming year. Markets are also developing in Europe, East Asia, Australia and South America with predictions of the European market being worth $8 billion within the next two years. Weather-Trade brings you the unique opportunity to design and trade future contracts and derivatives relating to weather variables such as temperature, rainfall, natural disasters etc. Experience the live framework designed and developed by Weather Risk Limited (WRL)
Rules:
1. Each team can comprise of 1 to 3 members.
2. Each team would be allotted a unique login ID and password to access the game while it is live.
3. The trading will commence on April 11, 9:00 am and will end on April 15, 5:00 pm. The trading will be open throughout the duration of the event.
4. The teams shall be given notional capital to trade.
5. The teams would be supplied with the regular updates on weather and their business positions.
6. The teams' net profit/loss position would be analysed everyday at 12 PM and displayed on the main page.
7. The team with the highest return on the given capital will be declared the winner.
Note:
1.The game administrators reserve the right to halt trading and bar members from participating in case the price decreases or increases due to collusion or unfair practices.
2.The decision regarding the rules, regulations, criteria for evaluation and declaration of winner will be taken by the game administrators and will be final and binding.
Register here.
Weather derivatives are the first financial tool available to risk managers to stabilise earnings volatility caused by the unpredictability of the weather .They are increasingly becoming standard fare in the portfolios of utility companies with non-US based deals set to be of increasing importance over the coming year. Markets are also developing in Europe, East Asia, Australia and South America with predictions of the European market being worth $8 billion within the next two years. Weather-Trade brings you the unique opportunity to design and trade future contracts and derivatives relating to weather variables such as temperature, rainfall, natural disasters etc. Experience the live framework designed and developed by Weather Risk Limited (WRL)
Rules:
1. Each team can comprise of 1 to 3 members.
2. Each team would be allotted a unique login ID and password to access the game while it is live.
3. The trading will commence on April 11, 9:00 am and will end on April 15, 5:00 pm. The trading will be open throughout the duration of the event.
4. The teams shall be given notional capital to trade.
5. The teams would be supplied with the regular updates on weather and their business positions.
6. The teams' net profit/loss position would be analysed everyday at 12 PM and displayed on the main page.
7. The team with the highest return on the given capital will be declared the winner.
Note:
1.The game administrators reserve the right to halt trading and bar members from participating in case the price decreases or increases due to collusion or unfair practices.
2.The decision regarding the rules, regulations, criteria for evaluation and declaration of winner will be taken by the game administrators and will be final and binding.
Register here.
