European Seasonal Strip Weather Heating Degree Day (HDD)
Futures and Options
EUROPEAN SEASONAL STRIP WEATHER HEATING DEGREE DAY (HDD) - CONTRACT SPECS
| CONTRACT UNIT |
£20 times the respective CME European CAT Index - London Heathrow; €20 times the respective CME European CAT Index - Amsterdam |
|---|---|
| PRICING 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. |
| MINIMUM PRICE FLUCTUATION |
1 index point (= £20 per contract); 1 index point (= €20 per contract) |
| PRODUCT CODE | |
| CONTRACT MONTHS |
HDD - Nov-Mar and Dec-Feb |
| SETTLEMENT METHOD |
Financially Settled |
| SETTLEMENT PROCEDURE | |
| POSITION LIMITS | |
| EXCHANGE RULEBOOK | |
| BLOCK MINIMUM | |
| VENDOR CODES |
