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Canadian Monthly Weather Heating Degree Day (HDD) 
Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 

This product is geared to how much below 18 degrees Celsius the temperature averages in a given city in Canada averages in a given month. It provides a way to:

  • Protect revenues during times of depressed demand or excessive costs in months when consumers may use heating
  • Accept the risk of unfavorable or atypical weather in exchange for possible profit


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

You can trade monthly Canadian Monthly HDD futures on the following cities:

Calgary Montreal Vancouver
Edmonton Toronto Winnipeg

 

Things to know:

  • Traded in Canadian dollars
  • You can trade contracts on 7 months: Oct, Nov, Dec, Jan, Feb, Mar, Apr
  • Traded electronically on the CME Globex platform
    • Accessible around the clock, around the world
    • Complete price transparency and anonymity
  • Each city has a distinct ticker code and trading symbol
  • Block trading available
  • CME Clearing clears and settles all trades and guarantees counterparty creditworthiness
    • Settlement is 2 business days following expiration
    • Cash-settled