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CME, Nasdaq to Launch Water Futures Contract

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Farmers are identified to pray for rain. Now they’ll hedge in opposition to unanswered invocations.

Alternate operators CME Group Inc. and Nasdaq Inc. are planning to delivery a futures contract later this three hundred and sixty five days that can enable farmers, speculators and others to wager on the worth of water.

The market could be the first of its form, its creators negate, placing…

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