trading

29 Dec 2020

Trading Water – a 21st century inevitability or a cause for concern?

If you think you have seen “everything” in 2020, well, think again!  This is the year that sees water traded on the stock exchange for the first time ever.  News from Wall Street that water is to be traded on the stock exchange spread quickly and overshadowed a raft of other, important financial stories. This December the world’s largest financial derivatives exchange, the CME Group, launched futures contracts tied to the spot price of water in California, a market of $ 1.1 billion.  The very concept of trading water inevitably gives us all pause for thought about the reasons for […]

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