For weather settlements please view:
- Weather Settlement File
- Weather Daily Bulletin
For Weather Volume please view:
US MONTHLY WEATHER COOLING DEGREE DAY (CDD) - CONTRACT SPECS
| CONTRACT UNIT |
$20 times the respective CME Degree Days (CDD) Index |
|---|---|
| PRICE QUOTATION |
Dollars per index point |
| 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) |
| PRODUCT CODE | |
| LISTED CONTRACTS |
May, Jun, Jul, Aug, Sep plus Oct and Apr |
| SETTLEMENT METHOD |
Financially Settled |
| SETTLEMENT PROCEDURES | |
| POSITION LIMITS | |
| EXCHANGE RULEBOOK | |
| BLOCK MINIMUM | |
| VENDOR CODES |
US MONTHLY WEATHER COOLING DEGREE DAY (CDD) - CONTRACT SPECS
| MINIMUM PRICE FLUCTUATION |
1 Index Point (= $20 per contract) |
|---|---|
| PRICING UNIT |
Dollars per index point |
| 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 |
Second Exchange business day after the futures contract month, 9:00 a.m. |
| CONTRACT MONTHS |
CDD: May, Jun, Jul, Aug, Sep plus Oct and Apr |
| STRIKE PRICE INTERVALS |
CDD: 1 index point in a range of 1 to 1500 index points |
| EXERCISE PROCEDURE |
European Style - See CME Rule 403A02 |
| PRODUCT CODE | |
| EXCHANGE RULEBOOK | |
| BLOCK MINIMUM | |
| VENDOR CODES | |
| UNDERLYING CONTRACT |
One CME Degree Days (CDD) Index Futures Contract |
For details on contracts currently eligible to trade please view the Weather Product Calendar.
*Only options that have traded are listed
