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Interactive Brokers launches live hurricane contracts as traders price wind risk at 25 locations, Bloomberg reporting via Next Event Horizon notes
- Interactive Brokers launches live hurricane contracts as traders price wind risk at 25 locations, Bloomberg reporting via Next Event Horizon notes — Interactive Brokers recently launched live hurricane contracts through its ForecastEx prediction market unit as Category 2 storm Isaias moved toward the Florida Panhandle in early October. The contracts let traders take positions on whether Isaias wind gusts would top certain speeds at 25 different locations. (Next Event Horizon)
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