| Contract Size |
£20 times the respective CME European Seasonal Strip HDD Index-London Heathrow; €20 time the respective CME European Seasonal Strip HDD Index-All Other Locations |
| Product Description |
Heating Degree Days (HDD) for European Cities |
| Pricing Unit |
British Pounds (£) per index point = London-Heathrow, Euros (€) per index point = All other locations |
Tick Size
(minimum fluctuation) |
1 index point (= £20 per contract); 1 index point (= €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
View Calendar |
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
View Listings |
HDD: Minimum of two, and maximum of seven, consecutive calendar months, Oct-Apr |
| Settlement Procedure |
Cash settlement - See CME Rule 40703 |
Position Limits
View Rulebook |
All months combined: 10,000 contracts
See CME Rule 40702.D. |
| Ticker Symbol |
GLOBEX (Electronic Platform)
|
| Rulebook Chapter |
407 |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
