Water is traded on Wall Street now

Have you ever thought to and water into your investment portfolio? Now water futures traded on Wall Street and water is the new hottest commodity listed under NQH2O ticket. CME Group Inc’s Jan 2021 contract linked to California’s $1.1B spot market.

The NASDAQ Veles California Water Index (index started two years ago) provide insight into water prices in selected regions of California state. NQH2O index is valued in US $ per Acre foot. This index sets a weekly benchmark spor prices of water in California and futures are financially settled.

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