Nick Ernst, Director of Weather Derivative Markets at Evolution Markets, sat down on Friday with the hosts of Bloomberg TV to discuss the potential economic impact of hurricane Sandy and how traders can hedge this risk.

You can view the clip HERE.

As Nick discussed on Blooomberg TV, weather derivative markets have developed trading products to directly or indirectly manage risk associated with hurricanes. In addition, there are associated trading opportunities in natural gas, refined products, and power -- among others.

To learn more about weather derivative markets, please contact our Weather desk at: +1 914.323.0260.