Total Risk Notional
A$428.6M
+12.4% this quarter
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Market prices, positions, participants and transactions are simulated for demonstration purposes.
Theori
Design, discover prices for and transfer precisely defined climate and operational risks.
Browse climate, energy and operational risk contracts across global markets.
Turn a precisely defined exposure into a standardised peer-to-peer risk market.
See live physical observations interact with simulated peer-to-peer market pricing.
Theori Risk Prism
Measurable climate and operational risks can be transformed into simple, standardised instruments for peer-to-peer price discovery and risk transfer.
1 · Select exposure
THEORI
Standardise
Price
Match
2 · Standardised instrument
Dallas, Texas
Trigger
Temperature ≥ 40°C
Duration
6 consecutive hours
Observation
NOAA / NWS
Notional
US$10m
Bid
27.2
Ask
27.6
Spread
0.4
Protection Buyer
Transfers exposure
Protection Seller
Accepts exposure
Contract structures and market prices shown in the Risk Prism are illustrative. Theori provides market infrastructure rather than acting as either counterparty.
Total Risk Notional
A$428.6M
+12.4% this quarter
Active Contracts
36
4 newly listed
Indicative Portfolio Yield
9.8%
+0.6% this month
Market Participants
24
3 new institutions
Live market indicator
Indicative market pricing across active climate-risk contracts.
102.35
Top Movers
Indicative change today
Texas Extreme Heat
Singapore Rainfall
Queensland Heatwave
WA Cyclone
Live physical signals
Queensland heatwave exposure has increased as forecast temperatures and demand expectations move higher.
Current market premiums appear moderately above their historical seasonal range.
Suggested review
Queensland Heatwave Protection — Summer 2027
Indicative opportunities across active markets.
| Contract | Market | Indicative Yield | Implied Probability |
|---|---|---|---|
| Queensland Heatwave Protection | Climate | 10.4% | 18.2% |
| NSW Wind Generation Floor | Energy | 8.7% | 13.6% |
| Queensland Spot Price Cap | Power | 12.1% | 21.3% |
| Victorian Solar Output Protection | Renewables | 9.2% | 15.8% |