Tropical Storm Fay has caused spreads to widen on Insurance Futures Exchange Services (IFEX), which has seen $40,000 of catastrophe derivative contracts traded today (18 August) as the storm gathers speed en route to Florida.
Tropical Storm Fay has caused spreads to widen on Insurance Futures Exchange Services (IFEX), which has seen $40,000 of catastrophe derivative contracts traded today (18 August) as the storm gathers speed en route to Florida.