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Weather and climate on ForecastEx

How ForecastEx lists weather and climate forecast contracts, why temperature markets are among its most traded, and how eligible US users reach them.

By Morten AndersenFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Fredrik Filipsson · Last reviewed 29 December 2025

Last reviewed 29 December 2025 · Facts as of December 2025 · Illustrative editorial examples

80/100
Prediction Market Index score
CFTC-regulated exchange and clearinghouse
Regulatory status
USA (Interactive Brokers)
Headquarters
How it settles

Weather and climate markets on ForecastEx.

On ForecastEx, a weather and climate market is a contract on a clearly defined question that settles against a written rule, the named source and date set before trading. A correct side pays one dollar and the other pays nothing, so the price between 1 and 99 cents reads as the implied probability.

CFTC-regulated exchange and clearinghouse owned by Interactive Brokers, very strong standing.

Always read the specific market's resolution rule, not the headline. Fees and spreads reduce real returns, and availability can change.

FAQ

Questions readers keep asking.

Does ForecastEx offer weather and climate markets?

Yes. Temperature contracts are among its most frequently traded markets, and it has listed questions on global temperature, daily high temperature, and certain catastrophe outcomes such as hurricane landfalls.

How do US users access ForecastEx?

Eligible US users reach the ForecastEx markets through Interactive Brokers. Confirm your own eligibility with Interactive Brokers before funding.

Who regulates ForecastEx?

It is registered with the CFTC as a Designated Contract Market and Derivatives Clearing Organization for forecast contracts. The CFTC has reaffirmed its jurisdiction over event contracts.

What does it cost to trade?

ForecastEx has described a simple model of one cent per contract or pair built into the pricing, with no separate exchange, clearing, market data, or brokerage fee on the contract. Verify current terms before funding.

Can a business use these to manage weather risk?

Yes. A business exposed to weather can use a forecast contract to offset some of that risk, which is the hedging logic behind the climate category. It is still a risk and you can lose what you paid.

How to verify this, and where

These contracts trade on a regulated venue and settle against a written rule. Read the primary source and the specific market rule before you act.

Facts as of December 2025. General information, not financial or betting advice.