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Seasonal Strip Snowfall 
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This product is geared to the amount of snowfall recorded in a customized “season” consisting of 2 to 7 consecutive months from October to April in a designated location. It provides a way to:

  • Protect revenues and manage risk in months when snowfall can occur
  • Trade a customized combination of months best tailored to your business needs
  • Focus specifically on the months you believe pose the greatest risk
  • Accept the risks related to snowfall in return for possible profit

You can trade seasonal snowfall futures on the following cities:

  • New York LaGuardia Airport
  • Chicago O'Hare International Airport
  • Minneapolis/St. Paul Airport
  • Detroit Metro Airport
  • New York Central Park
  • Boston Logan International Airport

Learn How to Electronically Submit CME Group Weather Blocks at www.cmegroup.com/pivot

 

Things to know:

  • Each contract is based on a customized "season" consisting of 2 to 7 consecutive months from October through April
  • Traded electronically on the CME Globex platform
    • Around the world, around the clock
    • Complete price transparency and anonymity
  • Block trading available
  • CME Clearing clears and settles all trades and guarantees counterparty creditworthiness
    • Settlement is 2 business days following expiration
    • Cash-settled