Chicago Mercantile Exchange Hurricane Index

The Chicago Mercantile Exchange Hurricane Index (CMEHI) is an index which describes the potential for damage from an Atlantic hurricane in the United States. The CMEHI is used as the basis for trading hurricane futures and options on the Chicago Mercantile Exchange (CME).[1] It is very similar to the Hurricane Severity Index, which also factors both size and intensity of a hurricane.[2]

  1. ^ "CME Hurricane Index Futures and Options" (PDF). CME Group. Retrieved 3 October 2022.
  2. ^ Chris Hebert (ImpactWeather Inc.), B. Weinzapfel, and M. Chambers (1 May 2008). "The Hurricane Severity Index – A destructive potential rating system for tropical cyclones". 28th Conference on Hurricanes and Tropical Meteorology. American Meteorological Society. Archived from the original on 14 March 2009. Retrieved 2022-10-02.{{cite web}}: CS1 maint: multiple names: authors list (link)