Market Data Advisory Notices
To Quote Vendors
From Market Data Operations
Subject Hurricane Settlements and Activations – September 13, 2008
Notice Date 2008-09-15
Notice Number Q2008-190
Effective Date 2008-09-16

Hurricane Ike – the ninth named storm of the season – made landfall on Saturday, September 13, 2008 near Galveston , Texas .  As a result, trading in HX9, X92, HP9 and P92 contracts will terminate at 9:00 AM on Tuesday, September 16, 2008. 

 

This storm corresponds to:

 

·          HX9 (for CME-Carvill Hurricane Index futures & options on Hurricane Ike)

·          X92 (for CME-Carvill Hurricane Index Binary Contract on Hurricane Ike)

·          HP9 (for CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Ike)

·          P92 (for CME-Carvill Hurricane Index Cat-In-A-Box Binary Contract on Hurricane Ike)

 

At this time there is no open interest in any of the futures or options for HX9, X92, HP9 or P92.

 

·          The final settlement value is 9.9 for HX9 (for CME-Carvill Hurricane Index futures & options on Hurricane Ike)

·          The final settlement value is 9.9 for X92 (for CME-Carvill Hurricane Index Binary Contract on Hurricane Ike)

 

In addition, Hurricane Ike passed through the major oil & gas production area in the Gulf of Mexico prior to making landfall.  Therefore,

 

·          The final settlement value is 9.9 for HP9 (for CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Ike)

·          The final settlement value is 9.9 for P92 (for CME-Carvill Hurricane Index Cat-In-A-Box Binary Contract on Hurricane Ike)

 

In addition, the next contracts in all four sequences should be listed for trading on Tuesday, September 16, 2008:

 

·          HG3 (for CME-Carvill Hurricane Index futures & options on Hurricane Marco)

·          G3B (for CME-Carvill Hurricane Index Binary Contract on Hurricane Marco)

·          HS3 (for CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Marco)

·          S32 (for CME-Carvill Hurricane Index Cat-In-A-Box Binary Contract on Hurricane Marco)

 

Please contact Market Data Operations (MDO) at mdo@cmegroup.com , if you have any questions concerning this notice.