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When can we trade 0DTEs on the weather? https://t.co/J4dClH5MNa
I literally made the case for the weather/temperature to become the next Leveraged Exchange Traded Product. It was parody to express the fraudulent nature of the products but damn… https://t.co/f20mRBbVBJ
You can now trade the weather on Interactive Brokers. We need to raise rates by 1500bps. https://t.co/xePcea1noI
Interactive Brokers ($IBKR) has launched forecast contracts on economic and climate indicators. This new product allows traders to speculate on weather patterns and other climate-related data, marking a significant expansion in the types of assets that can be traded. The move has sparked discussions about the potential implications and the nature of such financial products.