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: H2O
CME ClearPort: H2O
Clearing: 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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