| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 65° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 66° to 67° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 68° to 69° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 70° to 71° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 72° to 73° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 74° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily low temperature recorded in Miami, Florida, on April 6, 2026. It serves as a financial instrument for hedging against weather-related volatility or speculating on localized climate patterns.
Miami’s spring climate is primarily influenced by its subtropical location, where temperatures typically remain moderate during early April. While historical data suggests a consistent range for this date, unusual weather patterns such as late-season cold fronts or unseasonable heat waves can cause significant deviations from the mean.
Market participants aggregate diverse meteorological data and climatological models to reflect the anticipated likelihood of specific temperature ranges for the target date.
The market relies on the official daily minimum temperature data provided by the National Weather Service station located in Miami.
No, the settlement is based solely on the actual ambient air temperature recorded by the official reporting station.
In the event of anomalous technical failures or lack of official data, the market will defer to the most reliable secondary data reported by the National Weather Service or established meteorological authorities.
This date represents a specific snapshot in time used to gauge the accuracy of long-range weather forecasting and localized climate modeling.
April marks a transition period in Florida where the influence of winter cold fronts diminishes, often leading to a narrower band of typical temperature outcomes compared to mid-winter.