#weather-derivatives
India Gets Rainfall Hedge as El Niño Threatens Monsoon
India’s largest agricultural exchange has introduced its first weather derivatives, allowing investors to hedge against monsoon-related risks.
NCDEX launches India’s first rainfall-based weather derivatives contract
NCDEX has launched RAINMUMBAI, India’s first SEBI-approved exchange-traded weather derivatives contract based on Mumbai rainfall. Built with IIT Bombay and IMD data, it enables stakeholders like farmers, utilities, and lenders to hedge monsoon risks using a t…
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…