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Headline: Weather hedging goes online in Europe Source: Euromoney Date: September 2000 Author: Ted Kim more on Risk Management With the recent launch of the London based I-WeX.com internet site, European corporates accustomed to hedging against Financial risk should be able to manage another great uncertainty – weather – just as American corporates have been able to do since 1997 through weather derivatives. I-WeX.com, a collaboration between The London International Financial Futures & Options Exchange (LiVe), Intelligent Financial Systems, and WIRE, is an internet site operated on the basis of open access. |
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