摘要：In the late 1990s,a new financial market was developed - a market for weather derivatives,so that the risk managers could hedge their exposure to weather risk.After a rather slow start,the weather derivatives market had started to grow rapidly.Risk managers could no longer blame poor financial results on the weather.Weather risk could now be removed by hedging procedure.This paper will explain briefly what the weather derivatives are and will point out at some of the motives for use of derivatives.Thereafter we will look at the history of the weather risk market,how the weather derivatives market has developed in recent years and also who are the current and potential players in the weather derivatives market.
其他摘要：Kasnih 90-ih je razvijeno novo finansijsko tržište - tržište vremenskih derivata,tako da su menadžeri rizika mogli da se zaštite od izloženosti vremenskom riziku.Nakon usporenog starta,vremenski derivati su počeli rapidno da rastu.Menadžeri rizika više nisu mogli da loše finansijske rezultate pravdaju vremenskim neprilikama.Vremenski rizik je,uz pomoć hedžinga,mogao biti eliminisan.Ovaj rad će ukatko objasniti šta su vremenski derivati i istaći neke od motiva za njihovu upotrebu.Takođe ćemo baciti pogled na istoriju tržišta vremenskih derivata,kako se ono razvijalo poslednjih godina i ko su trenutni i potencijalni igrači na tom tržištu.
