• Hurricane Settlements & Activiations - Effective Wednesday, June 4, 2008

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      • Quote Vendors
      • From
      • Market Data Operations
      • #
      • Q2008-106
      • Notice Date
      • 02 June 2008
      • Effective Date
      • 04 June 2008
    • The landfall of tropical storm Arthur earlier today has resulted in the following contract expirations, settlements and listings.
       
      Hurricane A Contract Expirations
      As a result of Tropical Storm Arthur, the first named storm of the season, making landfall in Central America and dissipating earlier today, Monday, June 2, the following contracts will expire and settle at 9:00 AM Central Time on Wednesday, June 4, 2008:
       
      ·          HX1 CME-Carvill Hurricane Index futures & options on Hurricane Arthur
      ·          HP1 CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Arthur
       
      Because this tropical storm made landfall outside the United States, and did not reach “hurricane status”, the Carvill Hurricane Index (CHI) value will be 0.0, for settlement purposes.
       
      There is currently no open interest in either of these contracts.
       
      Hurricane D Contract Listings
      According to the Hurricane Index contract listing rules, the following will be listed for trading on Wednesday, June 4, 2008:
       
      ·          HX4 CME-Carvill Hurricane Index futures & options on Hurricane Dolly
      ·          HP4 CME-Carvill Hurricane Index Cat-In-A-Box futures & options on Hurricane Dolly
       
      Please update your product tables accordingly.

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