Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | CME - Carvill Hurricane Index Futures And Options On Futures Contracts To Be Listed On Monday, March 12, 2007
Notice Date | 2007-02-16
Notice Number | Q2007-045
Effective Date | 2007-02-16
Carvill, a leading independent reinsurance firm in property catastrophe, developed the Carvill Hurricane Index (CHITM), which combines maximum wind velocity and size of a storm just prior to landfall into a single mathematical formula. This index is used to calculate the settlement values of a hurricane within hours of landfall. Please view the attached notice for CME New Product Summary and more details. Thank you!