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Eurozone HICP  Futures
 
Eurozone HICP
Underlying Instrument €10,000 times Reference HICP Futures Index. Reference HICP Futures Index defined as 100.00 less annual inflation rate in the twelve-month period preceding the contract month based on the Eurozone Harmonized Index of Consumer Prices excluding tobacco ("HICP"), published by Eurostat.
Price Quote Quoted in IMM terms; 100 minus annual inflation rate in the 12-month period preceding the contract month (e.g., a rate of 3.50 shall be quoted as 96.50).
Tick Size
(minimum fluctuation)
0.01 Index points = €100.00 per contract
Contract Months 12 consecutive calendar months
Last Trading Day The business day preceding the scheduled day the HICP announcement is made in the contract month. Trading in expiring contract closes at 4:00 p.m. London time on the last trading day.
Final Settlement Cash settled on the day the HICP announcement is made (business day following last trading day). The final settlement price shall be calculated as 100 less the annual % change in HICP over past 12-months, rounded to four (4) decimal places, or 100 – [ 100 x ( (HICP t ÷ HICP t-12) –1 ) ]
Position Limits Current Position Limits
Block Minimum Block Trading Minimums
All or None Minimum All or None Minimums
Rulebook Chapter CME Chapter 414
Trading Hours
(Time listed is Greenwich Mean Time)
OPEN OUTCRY
n/a - Traded exclusively on CME Globex
CME GLOBEX
SUN - FRI: 8:00 a.m. - 4:00 p.m. GMT
Ticker Symbol
OPEN OUTCRY
n/a
CME GLOBEX
HC
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.