For Weather Volume please view:
EUROPEAN SEASONAL STRIP WEATHER HEATING DEGREE DAY (HDD) - CONTRACT SPECS
| MINIMUM PRICE FLUCTUATION |
1 index point (= £20 per contract - London Heathrow); 1 index point (= €20 per contract-All Other Locations) |
|---|---|
| PRICING UNIT |
British Pounds (£) per index point = London-Heathrow, Euros (€) per index point = All other locations |
| TRADING HOURS |
Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT |
| LAST TRADE DATE/TIME |
Fifth Exchange business day after the futures contract month, 9:00 a.m. |
| CONTRACT MONTHS |
HDD - Nov-Mar and Dec-Feb |
| STRIKE PRICE INTERVALS |
HDD: 1 index point in a range of 1 to 8500 index points |
| EXERCISE PROCEDURE |
European Style - See CME Rule 407A02 |
| PRODUCT CODE | |
| EXCHANGE RULEBOOK | |
| BLOCK MINIMUM | |
| VENDOR CODES | |
| UNDERLYING CONTRACT |
One CME European Seasonal Strip Weather Heating Degree Day (HDD) Contract |
EUROPEAN SEASONAL STRIP WEATHER HEATING DEGREE DAY (HDD) - CONTRACT SPECS
| CONTRACT UNIT |
£20 times the respective CME European CAT Index - London Heathrow; €20 times the respective CME European CAT Index - Amsterdam |
|---|---|
| PRICING QUOTATION |
British Pounds (£) per index point = London-Heathrow, Euros (€) per index point = Amsterdam |
| TRADING HOURS |
Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT |
| MINIMUM PRICE FLUCTUATION |
1 index point (= £20 per contract); 1 index point (= €20 per contract) |
| PRODUCT CODE | |
| CONTRACT MONTHS |
HDD - Nov-Mar and Dec-Feb |
| SETTLEMENT METHOD |
Financially Settled |
| SETTLEMENT PROCEDURE | |
| POSITION LIMITS | |
| EXCHANGE RULEBOOK | |
| BLOCK MINIMUM | |
| VENDOR CODES |
For details on contracts currently eligible to trade please view the Weather Product Calendar.
*Only options that have traded are listed
