Does weather impact your bottom line?In a world of increasing weather extremes, the question no longer is whether climate change is actually happening, but rather how can businesses protect themselves from it. Commodity Broking Services are offering customised weather certificates which protect your business from financial risk due to adverse weather conditions. Get paid automatically and promptly, when your pre-defined weather conditions occur without having to submit a claim. The protection certificates are based on measurements of official weather stations. A variety of services are offered through our online platform, such as: online price calculation, weather statistics, real time position report and transaction execution. A weather certificate or weather derivative is a contract between the client and Commodity Broking Services. The contract is linked to weather conditions at a specific weather station, a period and payout amounts. If the defined weather conditions are met, the payout is triggered automatically. Types of Weather Certificates
Hot Day: The Hot Day certificate pays out a pre-defined amount for every day the daily average temperature is above your specific level.
Cold Day: The cold Day Certificate pays out a pre-defined amount for every day the daily average temperature is above your specific level. Rain Day: The Rain Day Certificate pays out a pre-defined amount for every day the daily rainfall is above your specified level. |
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