| Seasonal Strip Degree Days (CDD) Futures | |||||
|---|---|---|---|---|---|
| Contract Size | $20 times the respective CME Seasonal Strip Degree Days (CDD) Index | ||||
| Product Description | Cooling Degree Days (CDD) for US Cities | ||||
| Pricing Unit | Dollars per index point | ||||
| Tick Size (minimum fluctuation) |
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. |
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| Last Trade Date/Time View Calendar |
Second Exchange business day after the last calendar day of the month in the defined strip, 9:00 a.m. | ||||
| Contract Months* View Listings |
CDD: Minimum of two, and maximum of seven, consecutive calendar months, Apr-Oct |
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| Settlement Procedure | Daily Settlement Procedures for Seasonal CDD Futures (PDF) Final Settlement Procedures for Seasonal CDD Futures (PDF) |
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| Position Limits View Rulebook |
All months combined: 10,000 contracts See CME Rule 40502.D. |
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| Ticker Symbol | Atlanta = K1 Chicago = K2 Cincinnati = K3 New York = K4 Dallas = K5 Philadelphia = K6 Portland = K7 Tucson = K8 Des Moines = K9 Las Vegas = K0 Boston = KW Houston = KR Kansas City = KX Minneapolis = KQ Sacramento = KS Detroit = KK Salt Lake City = KU Baltimore = KV Colorado Springs = A3 Jacksonville = AF Little Rock = AG Los Angeles = AH Raleigh Durham = AK Washington D.C. = AU View Vendor Codes View Product Codes |
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| Rulebook Chapter | 405 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of CME. | ||||
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*Effective trade date Monday, June 22, 2009, the listing cycle for U.S. Monthly and Seasonal CDD and HDD futures and options contracts has been extended from one year to three years. |
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