HedgeStreet Hurricane Contracts

In a flurry of press releases and an extremely well put together How To, HedgeStreet announced their new Hurricane contracts. Unlike the TradeSports weather contracts these allow a trader to bet on the amount of damage during the entire season as well as damage by individual hurricanes.

The conference call sounds like it will be something worth listening to:

The teleconference will be attended by Russell Andersson, VP Instrument Origination and a Co-Founder of HedgeStreet; Dr. Robert Dubil, Chief Market Strategist for HedgeStreet, Bill McIntosh, Vice President of Marketing for HedgeStreet, and Gary Kerney, Assistant Vice President of the Property Claim Services unit of Insurance Services Office, Inc (ISO), which provides underlying data for the contracts. All four will be available to answer questions and discuss the contracts, their structure, and the many ways they can be used.

The call will take place at 1pm EST and can be accessed at (866)-244-4530.