GLOBEX Advisory Notices
To | CME(R) Globex(R) Customers
From | CME(R) Globex(R) Account Management
Subject | 7 New Weather Cities on the CME(R) Globex(R) Platform
Notice Date | 2005-06-13
Notice Number | 061305-1
Effective Date |
Dear CME® Globex® Customers, Effective Sunday, June 19, 2005, CME will launch seven new CME Weather Cities on the CME Globex electronic trading platform. The new U.S. listings include Heating Degree Day (HDD) and Cooling Degree Day (CDD) on both Monthly and Seasonal futures on the following cities:
Ticker Symbols (HDD/CDD)
| Monthly Futures | Seasonal Futures
Baltimore, MD | HV/KV | A3/BV
Salt Lake City, UT | HU/KU | A7/B7
Detroit, MI | HK/KK | A8/B8
The new European listings include HDD and Cumulative Average Temperature (CAT) on both Monthly and Seasonal futures on:
Ticker Symbols (HDD/CAT)
| Monthly Futures | Seasonal Futures
Essen, Germany | D4/G4 | P4/V4
Madrid, Spain | DQ/GQ | PL/VL
Barcelona, Spain | D8/G8 | P8/V8
Rome, Italy | D9/G9 | P9/V9
These contracts are currently available for testing in the CME certification environment. Currently listed on 15 U.S. and five European cities, CME Monthly and Seasonal Weather futures are designed to enable businesses to hedge risks associated with unexpected or unfavorable weather conditions. If you have any questions or concerns, please contact Dave Smith, CME Environmental Products, at 312.634.8921. Thank you, CME 800.331.3332