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Australian Seasonal Strip Weather Heating Degree Day (HDD) Futures
 
 
Australian Seasonal Strip Heating Degree Days Index Futures
Contract Size AUS$20 times the respective CME Australian Degree Days Index
Product Description Heating Degree Days (HDD) for Australian Cities
Pricing Unit Australian Dollars (AUS$) per index point
Tick Size
(minimum fluctuation)
1 index point (= AUS$20 per contract)
Daily Price Limits n/a
Trading Hours
(All times listed are Central Time)
GLOBEX (Electronic Platform)
SUN 5:00 p.m. - FRI 3:15 p.m.
Daily trading halts 3:15 p.m. - 5:00 p.m.
Last Trade Date/Time
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First business day that is at least five calendar days after the end of the last calendar month in the strip, 9:00 a.m.
Contract Months
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HDD: Minimum of two, and maximum of seven, consecutive calendar months, Apr-Oct
Settlement Procedure Cash settlement - See CME Rule 44003
Position Limits
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All months combined: 10,000 contracts
See CME Rule 44002.D.
Ticker Symbol The following Cities are supported:
Clearing & Ticker:
2F=Bankstown, Sydney
3F=Brisbane Aero
4F=Melbourne Regional Office
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Rulebook Chapter 440
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.