CME Group European Monthly Weather CAT

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European Monthly Weather Cumulated Average Temperature (CAT) Futures
Contract Unit £20 times the respective CME European CAT Index - London Heathrow; €20 times the respective CME European CAT Index - Amsterdam
Price Quotation British Pounds (£) per index point = London-Heathrow, Euros (€) per index point = Amsterdam
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 CAT – May, Jun, Jul, Aug and Sep
Settlement Method Financially Settled
Termination of Trading Second London bank business day before 3rd Wednesday of the contract month. Trading in expiring contracts terminates at 11:00 a.m. London time on the last trading day.
Settlement Procedures Monthly CAT Weather Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 408
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
European Monthly Weather Cumulated Average Temperature (CAT) Options
Minimum Price Fluctuation £20 times the respective CME European CAT Index - London Heathrow; €20 times the respective CME European CAT Index - Amsterdam
Pricing Unit British Pounds (£) per index point = London-Heathrow, Euros (€) per index point = Amsterdam
Trading Hours MON-FRI: 8:30 a.m.-3:15 p.m.
Last Trade date/Time Fifth Exchange business day after the fuutres contract month, 9:00 a.m.
Contract Months CAT – May, Jun, Jul, Aug and Sep
Strike Price Intervals CAT: 1 index point in a range of 1 to 1300 index points

See CME Rule 408A01.E.

Exercise Procedure European Style - See CME Rule 408A02
Product Code Weather Product Codes
Exchange Rulebook CME 408A
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Underlying Contract One CME European CAT Index Futures Contract

Also See[edit]

CME Group weather products

Resources[edit]

CME Group Web site

CME Group Weather Products

European Monthly Weather CAT Contract Specs

Weather Product Codes


References[edit]