Weather derivatives: Business hedge instrument from weather risks
In the late 1990s, a new financial market was developed - a market for weather derivatives, so that the risk managers could hedge their exposure to weather risk. After a rather slow start, the weather derivatives market had started to grow rapidly. Risk managers could no longer blame poor financial...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Association of Serbian Banks
2014-01-01
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| Series: | Bankarstvo |
| Subjects: | |
| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2014/1451-43541406156D.pdf |
| _version_ | 1818152543963840512 |
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| author | Đorđević Bojan S. Đorđević Mira |
| author_facet | Đorđević Bojan S. Đorđević Mira |
| author_sort | Đorđević Bojan S. |
| collection | DOAJ |
| description | In the late 1990s, a new financial market was developed - a market for weather derivatives, so that the risk managers could hedge their exposure to weather risk. After a rather slow start, the weather derivatives market had started to grow rapidly. Risk managers could no longer blame poor financial results on the weather. Weather risk could now be removed by hedging procedure. This paper will explain briefly what the weather derivatives are and will point out at some of the motives for use of derivatives. Thereafter we will look at the history of the weather risk market, how the weather derivatives market has developed in recent years and also who are the current and potential players in the weather derivatives market. |
| first_indexed | 2024-12-11T13:56:24Z |
| format | Article |
| id | doaj.art-816273a7ede04f5bb11ea8c62ef426df |
| institution | Directory Open Access Journal |
| issn | 1451-4354 2466-5495 |
| language | English |
| last_indexed | 2024-12-11T13:56:24Z |
| publishDate | 2014-01-01 |
| publisher | Association of Serbian Banks |
| record_format | Article |
| series | Bankarstvo |
| spelling | doaj.art-816273a7ede04f5bb11ea8c62ef426df2022-12-22T01:04:02ZengAssociation of Serbian BanksBankarstvo1451-43542466-54952014-01-0143615617910.5937/bankarstvo1406156D1451-43541406156DWeather derivatives: Business hedge instrument from weather risksĐorđević Bojan S.0Đorđević Mira1Megatrend University, Faculty of Management, Zaječar, SerbiaMegatrend University, Faculty of Management, Zaječar, SerbiaIn the late 1990s, a new financial market was developed - a market for weather derivatives, so that the risk managers could hedge their exposure to weather risk. After a rather slow start, the weather derivatives market had started to grow rapidly. Risk managers could no longer blame poor financial results on the weather. Weather risk could now be removed by hedging procedure. This paper will explain briefly what the weather derivatives are and will point out at some of the motives for use of derivatives. Thereafter we will look at the history of the weather risk market, how the weather derivatives market has developed in recent years and also who are the current and potential players in the weather derivatives market.http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2014/1451-43541406156D.pdfweather derivativesweather riskrisk managementweather indicesfuturesoptionshedging |
| spellingShingle | Đorđević Bojan S. Đorđević Mira Weather derivatives: Business hedge instrument from weather risks Bankarstvo weather derivatives weather risk risk management weather indices futures options hedging |
| title | Weather derivatives: Business hedge instrument from weather risks |
| title_full | Weather derivatives: Business hedge instrument from weather risks |
| title_fullStr | Weather derivatives: Business hedge instrument from weather risks |
| title_full_unstemmed | Weather derivatives: Business hedge instrument from weather risks |
| title_short | Weather derivatives: Business hedge instrument from weather risks |
| title_sort | weather derivatives business hedge instrument from weather risks |
| topic | weather derivatives weather risk risk management weather indices futures options hedging |
| url | http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2014/1451-43541406156D.pdf |
| work_keys_str_mv | AT đorđevicbojans weatherderivativesbusinesshedgeinstrumentfromweatherrisks AT đorđevicmira weatherderivativesbusinesshedgeinstrumentfromweatherrisks |