Weather Products
View a Weather Product
Seasonal Strip Snowfall Options
 


Type
 

Seasonal Strip Snowfall Index Options | Seasonal Strip Snowfall Index Binary Options

Seasonal Strip Snowfall Index Options
Underlying Contract One CME Seasonal Strip Snowfall Index Futures Contrac
Pricing Unit Dollars per index point
Tick Size Full Tick = 0.1 Index Point (= $50 per contract)
Hours Open Outcry: Monday – Friday 8:30 a.m. - 3:15 p.m.
Last Trade Date & Time 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 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 Symbols Boston - SBV/SBH
Clearing Boston - SBV/SBH
New York - SXV/SXH
Clearing New York - SXV/SVH
Chicago O'Hare International - SWX/SWJ
Minneapolis International - BVX/BVJ
Detroit International - EKX/EKJ
New York LaGuardia - FGX/FGJ
Newark International - SKX/SKHJ
Baltimore – Washington International - SZX/SZJ
Columbus Port – Columbus International - STX/STJ
Colorado Springs - SCX/SCJ
Rulebook Chapter 402
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
Seasonal Strip Snowfall Index Binary Options
Underlying Contract One Seasonal Strip Snowfall Futures Contract
Trading Unit $10,000
Tick Size (minimum fluctuation) Full Tick = 0.01 Index Point (= $100 per contract)Quoted in points, in a range between 0 and 100 points
Hours Open Outcry: Monday – Friday 8:30 a.m. - 3:15 p.m.
Last Trade Date & Time 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.
Strike Price Intervals 0.1 index point in a range of 0 to 200 index points See CME Rule 402B02.E.
Exercise Procedure American Style - See CME Rule 402B03
Position Limits All months combined: 10,000 futures-equivalent contracts See CME Rule 402B02.F.
Ticker Symbols New York Central Park - YNX/YNJ
Boston Logan International - BNX/BNJ
Chicago O'Hare International - CIX/CIJ
Minneapolis International - FEX/FEJ
Detroit International - DXX/DXJ
New York LaGuardia - NNX/NNJ
Newark International - BIX/BIJ
Baltimore – Washington International - AZX/AZJ
Columbus Port – Columbus International - AYX/AYJ
Colorado Springs - 0VX/0VJ
Rulebook Chapter 402B
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.