(Bloomberg) -- Credit Suisse Group trader Patrick
Ayash rarely reads earnings estimates and just skims news about
inflation. One thing he never misses: the daily weather report.
Ayash, 31, is part of an army of mathematicians, hedge-fund
whizzes and programmers pouring into the $19 billion market for
weather futures, financial instruments tied to everything from
storms over Kansas, an early frost in the Netherlands, or a
frigid spring in New York.
Read more at Bloomberg Exclusive News
Ayash rarely reads earnings estimates and just skims news about
inflation. One thing he never misses: the daily weather report.
Ayash, 31, is part of an army of mathematicians, hedge-fund
whizzes and programmers pouring into the $19 billion market for
weather futures, financial instruments tied to everything from
storms over Kansas, an early frost in the Netherlands, or a
frigid spring in New York.
Read more at Bloomberg Exclusive News
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