A financial instrument (derivative) which is used to reduce or transfer the risk associated with unfavorable or unexpected weather conditions....

A degree day swap that combines a call and put option with the same strike CDD and on the same...

A weather derivative (specifically a degree day option) that gives the holder the right, without the obligation, to trade (buy...

It stands for cooling degree days; a term that refers to the maximum of zero and the amount by which...

A weather derivative (specifically a degree day option) that gives the holder the right, without the obligation, to trade (buy...

It stands for heating degree days swap; a degree day swap that combines a call and put option with the...

It stands for heating degree days, a term that refers to the maximum of zero or the amount by which...

A weather derivative (originally introduced by US firm Enron Energy Corporation in 1997) that is used for hedging purposes, where...

A weather derivative that involves a nonfinancial or nonphysical asset, literally a weather index, and whereby one counterparty is committed to make...