Rain in Los Angeles this month?
Rain in Los Angeles this month?
**Important information: The resolution rules for the RAINM contract have been amended. Starting with the March 2026 iteration, markets will resolve based on the first NWS Daily Climate Report containing full-month data. The current February 2026 iteration is unaffected by this change and will continue to resolve via NOAA’s Climate Data Online Daily Summaries.
Market Rules
Data for CLILAX can be found by clicking the following URL: https://www.weather.gov/wrh/Climate?wfo=lox, navigating to the "Observed Weather" tab, and choosing the location "Los Angeles Airport, CA" with Daily Climate Report selected. Please use the latest version of the data for the desired date, keeping in mind that different cities update their reports at different frequencies.
Not all weather data is the same. While checking a source like AccuWeather or Google Weather may help guide your decision, the official and final value used to determine this market as reported by the corresponding NWS Climatological Report (Daily) linked in the rules above. Preliminary NWS reporting and measurement methods may be subject to underlying rounding and conversion nuances. Traders should exercise caution when interpreting preliminary NWS data.
- Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
- Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.