BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
Futures contracts are standardized, transferable contracts that are traded on an exchange and represent an agreement to buy or sell a commodity or financial instrument at a particular price on a stipulated future date. Options let buyers choose whether to exercise the option to buy or sell the commodity or instrument by the exercise date.
Trading in hurricane futures and options contracts at the Chicago Mercantile Exchange Inc. will be based on National Hurricane Center data on storm wind velocity and size.
Trading in property damage risk futures and options contracts at the New York Mercantile Exchange Inc. will be based on property losses from U.S. catastrophes.