Asset Class Navigation

US Seasonal Strip Weather Cooling Degree Day (CDD) Contract Specs

Contract Unit $20 times the respective CME Seasonal Strip Degree Days (CDD) Index
Price Quotation Dollars per index point
Trading Hours Sunday 5:00 p.m. - Friday 3:15 p.m.
Daily trading halts 3:15 p.m. - 5:00 p.m.
Minimum Price Fluctuation 1 index point (= $20 per contract)
Product Code Weather Product Codes
Listed Contracts CDD: Jul-Aug and May-Sep
Settlement Method Financially Settled
Settlement Procedures Seasonal Strip Weather Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 405
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing