Be prepared with protection against the financial risks of Atlantic storms coming your way. TradeWx calculation and order entry tools and weather information can help you get connected to Cantor Exchange and get protection when and where you need it.Get Started
Protecting yourself against financial losses from tropical storms and hurricanes is easier than ever before. Simply use these helpful tools to purchase on Cantor Exchange the amount of protection that you decide you need for the location that you are concerned about.
You can connect to Cantor Exchange’s severe weather protection markets, where you can securely purchase or sell weather protection contracts for a location you are interested in.
Tap into leading sources of weather intelligence relevant to your trading decisions. Track storms, research weather news, and purchase the protection you need.
Tip: Stay ahead of the storm. When you purchase protection for a storm that is starting to generate, it will have a better premium than if you purchase your protection when the storm is heading your way. Using our weather tracking tools, you can stay in front of the storm before it forms.
Here's your chance to protect yourself against the financial impacts of the weather, a new way to manage your weather risk.
TradeWx is a data and technology company that provides weather-related tools and information as well as access to weather trading markets, such as those operated by the Cantor Exchange. These markets include the possibility of purchasing financial protection against the risk of an Atlantic storm making landfall near you or a location that you choose. Other weather-related markets will become available as well.
Because everyone knows about it, and everyone talks about it. Now's your chance to DO something about it! Where will the next hurricane make landfall? Nobody knows, but now Cantor Exchange offers markets that let you protect yourself against the financial impacts of severe weather.
TradeWx allows you to explore the possibilities of purchasing financial protection on the Cantor Exchange weather market specific to the 2016 Atlantic Basin tropical storm season. With the tropical storm season upon us, it's time to get started today!
It's really simple, just choose a location and decide how much protection to buy. Then you're covered!
Participants can take a position based on where the next named Atlantic storm that makes U.S. landfall will land. If the storm makes landfall within 75 miles of the centroid of your selected zip code, you will receive a payout based on the amount of protection you purchased for that location.
If the next landfall occurs near a location you purchased, you will receive a payout. If the next landfall occurs in an area that is not near your selected location, you only lose the amount you initially paid. Nothing more.
For example, let's say you purchase $1,000 of protection for whether the next tropical storm will make landfall near Virginia Beach, and let's say you paid a premium of $100 to buy that protection.
When you make a purchase through the TradeWx website, you are actually participating in a weather trading market operated by Cantor Exchange.
Cantor Futures Exchange, L.P. ("Cantor Exchange"), a subsidiary of Cantor Fitzgerald, is a Designated Contract Market regulated by the Commodity Futures Trading Commission. Cantor Exchange establishes the rules of fair trading, offers the electronic trading platform for matching buyers and sellers, and supervises the trading practices of all participants in the market.
Your funds are safe. When you deposit funds at the Cantor Exchange, your money is kept in a segregated member property account, completely separate from the Exchange itself.
You can visit the Cantor Exchange website for more information.
Cantor Exchange account opening is a 3-step online process, which usually takes less than 10 minutes to complete. There is no cost or any charge associated with account opening.
The 3 steps for account opening are:
1. Complete the Cantor Exchange online application
2. Fund your Cantor Exchange account with a deposit of any size
3. Once your account is opened and funded you will be ready to purchase and sell contracts on Cantor Exchange