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Canadian Seasonal Strip Weather Cooling Degree Day (CAT) 
Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 

This product is geared to how much above 18 degrees Celsius the temperature in a given Canadian city averages in a customized “season” of 2 to 7 consecutive calendar months from April to October. It provides a way to:

  • Protect revenues in months when customers may or are expected to use cooling
  • Trade a customized combination of months best tailored to your business needs
  • Focus specifically on the months you believe pose the greatest risk
  • Offset sudden changes in weekly forecasts without being limited to trading an entire season
  • 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 Canadian Seasonal Strip CAT futures on the following cities:

Calgary Montreal Vancouver
Edmonton Toronto Winnipeg

 

Things to know:

  • Traded in Canadian Dollars
  • You can trade contracts 2 to 7 consecutive months: Apr, May, Jun, Jul, Aug, Sep and Oct
  • 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