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Hurricane Seasonal Futures
 
 
CME Hurricane Index Seasonal Futures
Contract Size $1,000 times the seasonal total for the respective CHI
Quotation CHI Index Points
Tick Size 0.1 CHI Index Point
Tick Value 0.1 CHI Index Point = $100
Contracts Traded Expressed in terms of the accumulated CHI for all hurricanes that occur within a specific location between January 1 and December 31 inclusive of a calendar year
Expressed in terms of the accumulated CHI-Cat-In-A-Box values for all hurricanes that occur within a specific geographic area between January 1 and December 31 inclusive of a calendar year
Locations

Gulf Coast
(Brownsville, TX to AL/FL Border)
Florida
(AL/FL Border to Fernandina Beach, FL)
Southern Atlantic Coast
(Fernandina Beach, FL to NC/VA Border)
Northern Atlantic Coast
(NC/VA Border to Eastport, ME)
Eastern U.S.
(Brownsville, TX to Eastport, ME)
Gulf Coast and Florida
(Brownsville, TX to Fernandina Beach, FL)
Florida Gold Coast
(Card Sound Bridge, FL to Jupiter Inlet, FL)
Florida + Southern Atlantic + Northern Atlantic
(AL/FL Border to Eastport, ME)
CHI-Cat-In-A-Box − Galveston-Mobile
(area bounded by 95°30’0”W on the West, 87°30’0”W on the East, 27°30’0”N on the South, and the corresponding segment of the U.S. coastline on the North)

Ticker Symbols HGA = Gulf Coast
HFA = Florida
HSA = Southern Atlantic Coast
HNA = Northern Atlantic Coast
HXA = Eastern U.S.
FGM = Gulf + Florida
HDA = Florida Gold Coast
HAA = Florida + Southern Atlantic + Northern Atlantic
HPA = CHI-Cat-In-A-Box − Galveston-Mobile
Termination of Trading First business day that is at least five calendar days following December 31; 9:00 a.m.
Strike Price Interval N/A
Exercise N/A
Settlement All futures contracts remaining open at the termination of trading
shall be settled using the respective CHI final value reported by
MDA EarthSat, Inc. for that numbered event
All futures contracts remaining open at the termination of trading
shall be settled using the respective CHI-Cat-In-A-Box final value
reported by MDA EarthSat, Inc. for that numbered event, using the
maximum calculated CHI value while the hurricane is within the
designated area
Position Limits Position accountability for positions exceeding 10,000 contracts in any contract month
Trading Hours Offered exclusively on the CME Globex electronic trading platform
on Sundays through Thursdays, 5:00 p.m. – 3:15 p.m. CT the
following day (9:00 a.m. CT LTD)
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.