NASDAQ VELES CALIFORNIA WATER INDEX FUTURES - CONTRACT SPECS
| Contract Unit | 10 Index Points | ||||
| Price Quotation | U.S. dollars per Acre Feet | ||||
| Trading Hours | CME Globex: | Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT | CME ClearPort: | Sunday 5:00 p.m. - Friday 5:45 p.m. CT with a 15-minute maintenance window Monday - Thursday from 5:45 p.m. to 6:00 p.m. CT | |
| Minimum Price Fluctuation | 1.00 per Index Point = $10.00 | ||||
| Product Code | CME Globex: H2OCME ClearPort: H2OClearing: H2O | ||||
| Listed Contracts | Contracts listed for 8 consecutive quarterly contracts plus the nearest 2 serial months. | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | Spot price of the Nasdaq Veles California Water Index published on the third Wednesday of the month. | ||||
| Termination Of Trading | Trading terminates on the Business day prior to the Third Wednesday of contract month. | ||||
| Settlement Procedures | Nasdaq Veles California Water Index Futures Settlement Procedures | ||||
| Position Limits | CME Position Limits | ||||
| Exchange Rulebook | CME 417 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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