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Weather Products
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Seasonal Strip Snowfall Options
 


Type
Seasonal Strip Snowfall Index Options
Underlying Contract One CME Seasonal Strip Snowfall Index Futures Contract
Pricing Unit Dollars per index point
Tick Size
(minimum fluctuation)
Full Tick = 0.1 Index Point (= $20 per contract)
Daily Price Limits n/a
Trading Hours
(All times listed are Central Time)
Open Outcry
(Trading Floor)
MON-FRI: 8:30 a.m.-3:15 p.m.
Last Trade Date/Time
View Calendar
First business day that is at least two calendar days after the end of the last
calendar month in the strip, 9:00 a.m.
Contract Months
View Calendar
Minimum of two, and maximum of six, consecutive calendar months, Nov-Apr
Settlement Procedure Cash settlement - See CME Rule 402A03
Position Limits All months combined: 10,000 futures-equivalent contracts
See CME Rule 402A01.F.
Ticker Symbol Boston - SBV/SBH
Clearing Boston - SBV/SBH
New York - SXV/SXH
Clearing New York - SXV/SVH
View Product Codes
View Vendor Codes
Rulebook Chapter 402A
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.