India Launches Tradable Rainfall Futures Called Rainmumbai

4 pointsposted 10 hours ago
by samarthr1

1 Comments

sameers

8 hours 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."