CME Group European Seasonal Strip Weather Heating Degree Day
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European Seasonal Strip Weather Heating Degree Day Futures | |
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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); 1 index point (= €20 per contract) |
Product Code | Weather Product Codes |
Listed Contracts | HDD - Nov-Mar and Dec-Feb |
Settlement Method | Financially Settled |
Settlement Procedures | Monthly Weather Settlement Procedures |
Position Limits | CME Position Accountability |
Exchange Rulebook | CME 407 |
Block Minimum | Block Minimum Thresholds |
Vendor Codes | Quote Vendor Symbols Listing |
European Seasonal Strip Weather Heating Degree Day Options | |
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Minimum Price Fluctuation | 1 index point (= £20 per contract - London Heathrow); 1 index point (= €20 per contract-All Other Locations) |
Pricing Unit | British Pounds (£) per index point = London-Heathrow, Euros (€) per index point = All other locations |
Trading Hours | MON-FRI: 8:30 a.m.-3:15 p.m. |
Last Trade Date/Time | Second Exchange business day after the futures contract month, 9:00 a.m. |
Contract Months | HDD - Nov-Mar and Dec-Feb |
Strike Price Intervals | HDD: 1 index point in a range of 1 to 8500 index points
See CME Rule 407A01.E. |
Exercise Procedure | European Style - See CME Rule 407A02 |
Product Code | Weather Product Codes |
Exchange Rulebook | CME 407A |
Block Minimum | Block Minimum Thresholds |
Vendor Codes | Quote Vendor Symbols Listing |
Underlying Contract | One CME European Seasonal Strip Weather Heating Degree Day (HDD)Contract |
Also See[edit]
Resources[edit]
European Seasonal Strip Weather Heating Degree Day (HDD) Contract Specs