Results tagged “chicagomercantileexchange”

KHOU reports today on something that isn't exactly new, but is certainly new to us: In March, the Chicago Mercantile Exchange began offering contracts on hurricane futures — meaning individuals and companies can now bet on the probability of where and when a hurricane will hit. And it's not necessarily as bizarre as it sounds (assuming, of course, you have a pretty good idea of a hurricane's path). The CME started offering the hurricane futures... more ›