European Monthly Weather Heating Degree Day (HDD)
Futures and Options
EUROPEAN MONTHLY WEATHER HEATING DEGREE DAY (HDD) - CONTRACT SPECS
| CONTRACT UNIT |
£20 times the respective CME European HDD Index-London Heathrow; €20times the respective CME European HDD Index-All Other Locations |
|---|---|
| PRICE QUOTATION |
British Pounds (£) per index point = London-Heathrow, Euros (€) per index point = All other locations |
| 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 | |
| LISTED CONTRACTS |
HDD – Nov, Dec, Jan, Feb and Mar |
| SETTLEMENT METHOD |
Financially Settled |
| SETTLEMENT PROCEDURES | |
| POSITION LIMITS | |
| EXCHANGE RULEBOOK | |
| BLOCK MINIMUM | |
| VENDOR CODES |
