Arbol Market is a young start-up run by Sid Jha, a former quant for Ken Griffin's Citadel, that lets farmers and others impacted by climate change protect their profits.
So far, the platform has $250 million of notional risk on it, with plans to break $1 billion early this year. Arbol was founded by Sid Jha, a former quant at Ken Griffin's Citadel who brought a machine-learning approach to trading commodities, and his brother Osho Jha, the firm's chief data scientist who has worked at data shops like M Science and asset managers like BlackRock and J. Goldman & Co. The start-up began in 2019, after Sid and Osho left Citadel, and J. Goldman & Co., respectively.