Market Data Advisory Notices
To | Quote Vendors
From | Market Data Operations
Subject | Hurricane Settlements and Activations - September 3, 2008
Notice Date | 2008-09-02
Notice Number | Q2008-173
Effective Date | 2008-09-03
Hurricane Gustav – the seventh named storm of the season – made landfall yesterday (Monday, September 1) near Cocodrie, Louisiana. As a result, trading in HX7, X72, HP7 and P72 contracts will terminate at 9:00 AM this Wednesday, September 3, 2008 This storm corresponds to: · HX7 (for CME-Carvill Hurricane Index futures & options on Hurricane Gustav) · X72 (for CME-Carvill Hurricane Index Binary Contract on Hurricane Gustav) · HP7 (for CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Gustav) · P72 (for CME-Carvill Hurricane Index Cat-In-A-Box Binary Contract on Hurricane Gustav) At this time there is no open interest in any of the futures or options for HX7, X72, HP7 or P72. · The final settlement value is 7.2 for HX7 (for CME-Carvill Hurricane Index futures & options on Hurricane Gustav) · The final settlement value is 7.2 for X72 (for CME-Carvill Hurricane Index Binary Contract on Hurricane Gustav) In addition, Hurricane Gustav passed through the major oil & gas production area in the Gulf of Mexico prior to making landfall. Therefore, · The final settlement value is 8.0 for HP7 (for CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Gustav) · The final settlement value is 8.0 for P72 (for CME-Carvill Hurricane Index Cat-In-A-Box Binary Contract on Hurricane Gustav) In addition, the next contract in all four sequences should be listed for trading on Wednesday, September 3, 2008: · HX0 (for CME-Carvill Hurricane Index futures & options on Hurricane Josephine) · X02 (for CME-Carvill Hurricane Index Binary Contract on Hurricane Josephine) · HP0 (for CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Josephine) · P02 (for CME-Carvill Hurricane Index Cat-In-A-Box Binary Contract on Hurricane Josephine) Please contact Market Data Operations (MDO) at mdo@cmegroup.com, if you have any questions concerning this notice.