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This is like saying when CME started trading weather contracts in 1999 it caused global climate change. http://www.cmegroup.com/trading/weather/temperature/us-
by JackFr 8y ago
This is like saying when CME started trading weather contracts in 1999 it caused global climate change.
http://www.cmegroup.com/trading/weather/temperature/us-monthly-weather-heating_contract_specifications.html http://www.cmegroup.com/trading/weather/temperature/us-month...
- JackFr 8y agoI don’t understand the downvote. If a future is cash settled it doesn’t exert pressure on the underlying. No matter how many weather contracts you trade you can’t change the weather.