NCDEX has announced India’s first SEBI-approved exchange-traded weather derivatives contract, “RAINMUMBAI”, aimed at helping market participants hedge risks arising from monsoon rainfall fluctuations. The contract, based on IMD rainfall data and developed wit… For the full story, visit the source.
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NCDEX launches India’s first weather derivatives contract based on Mumbai rainfall
NCDEX has announced India’s first SEBI-approved exchange-traded weather derivatives contract, “RAINMUMBAI”, aimed at helping market participants hedge risks arising from monsoon rainfall fluctuations. The contract, based on IMD rainfall data and developed wit…
By Veer Sharma· The Times of India· 8 days ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India