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CME Group/Chicago HQ
Main Switchboard
Local: 312-930-1000
Toll Free: 866-716-7274

Customer Service
Product inquiries, website issues, and specific questions
Phone: 800-331-3332
E-mail: info@cmegroup.com

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Weather Products
View a Weather Product
SEASONAL STRIP SNOWFALL 
 

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                    Boston

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