METHOD, SYSTEM AND COMPUTER PROGRAM PRODUCT FOR VALUATING NATURAL GAS CONTRACTS USING WEATHER-BASED METRICS

摘要

A method, system and computer program product for valuating natural gas futures and options contracts using weather-based metrics. The method and computer progr am product allow gas buyers and traders to make informed decision on purchasing/selling natur al gas futures and futures options on a regulated exchange such as the New York Mercantile Exchange (NYMEX) based on historical and forecasted weather. The system includes weather forecast, weather history, and natural gas-related databases, as well as a trading server and several workstation clients, and provides assistance to traders in reaching complex buying/hedging decisions.