India Launches Tradable Rainfall Futures Called Rainmumbai

(bloomberg.com)

4 points | by samarthr1 6 hours ago ago

1 comments

  • sameers 3 hours ago ago

    https://archive.ph/z5fus

    The key quote, which is really all that needed to be reported is: "The offering is underpinned by an earlier decision by the market regulator Securities and Exchange Board of India that notified weather as a tradeable good, ending years of regulatory stasis."