European Seasonal Strip Weather CAT
Futures and Options
EUROPEAN SEASONAL STRIP WEATHER CAT OPTIONS - CONTRACT SPECS
| CONTRACT UNIT | London Heathrow: £20 times the respective CME European Seasonal Strip CAT Index All Other Locations: €20 times the respective CME European Seasonal Strip CAT Index |
| PRICE QUOTATION | London Heathrow: British Pounds (£) per index point All Other Locations: Euros (€) per index point |
| TRADING HOURS |
Sunday - Friday 5:00 p.m. - 3:15 p.m. CT Daily trading halts 3:15 p.m. - 5:00 p.m. |
| MINIMUM PRICE FLUCTUATION | London Heathrow: 1 index point (= £20 per contract); All Other Locations: 1 index point (= €20 per contract) |
| PRODUCT CODE(S) | May-Sep Strip: G0K,G2K Jul-Aug Strip:G0N,G2N |
| WEATHER CODES | Weather Product Codes |
| LISTED CONTRACTS | May-Sep Strip and Jul-Aug Strip |
| TERMINATION OF TRADING | Trading terminates on the fifth business day after the futures contract month. |
| SETTLEMENT METHOD | Financially Settled |
| POSITION LIMITS | CME Position Limits |
| EXCHANGE RULEBOOK | CME 409A |
| STRIKE PRICE INTERVALS | 1 index point in a range of 1 to 6500 index points See CME Rule 409A01.E. |
| EXERCISE PROCEDURE | European Style - See CME Rule 409A02 |
| BLOCK MINIMUM | Block Minimum Thresholds |
| VENDOR CODES | Quote Vendor Symbols Listing |
| UNDERLYING CONTRACT | One CME European Seasonal Strip CAT Index Futures Contract |
