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Sometimes a storm re-generates after the NHC has issued its final advisory for that storm, as was the case with Ivan. How will the Hurricane Futures Market handle a situation like that?

April 26, 2017advisory Case final Futures Hurricane issued ivan NHC storm

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Sometimes a storm re-generates after the NHC has issued its final advisory for that storm, as was the case with Ivan. How will the Hurricane Futures Market handle a situation like that?

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The NHC’s final advisory signals an end to any Hurricane Futures Market contract. Should a storm re-generate to tropical depression status with the same name, or into a tropical storm with a different name, the Hurricane Futures Market will open a new market for the storm.