The p1mX-CAT IndexSM (p1mX) represents a blend of publicly traded firms that provide services or products within the contingency and IT, emergency response and disaster recovery industries, in full or in part. p1mX-CAT Trader is the official newsletter for the p1mX-CAT IndexSM.
The objective of the p1mX-CAT IndexSM is to eventually offer varying derivates that can be traded on the Chicago Board Options Exchange (CBOE) or the Philadelphia Stock Exchange (PHLX) where insurers, re-insurers, corporations and individuals can hedge against catastrophic losses. Therefore, providing risk exposure instruments; allowing those who hedge to maintain or lower premium and self-retention costs.
Industry-specific Index now available
August 24, 2007