US Monthly Weather Heating Degree Day (HDD) Contract Specs

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US MONTHLY WEATHER HEATING DEGREE DAY (HDD) - CONTRACT SPECS

CONTRACT UNIT	$20 times the respective CME Degree Days (HDD) Index
PRICE QUOTATION	Dollars per index point
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	HDD: Nov, Dec, Jan, Feb, Mar plus Oct and Apr
SETTLEMENT METHOD	Financially Settled
SETTLEMENT PROCEDURES	Monthly Weather Settlement Procedures
POSITION LIMITS	CME Position Limits
EXCHANGE RULEBOOK	CME 403
BLOCK MINIMUM	Block Minimum Thresholds
VENDOR CODES	Quote Vendor Symbols Listing

MINIMUM PRICE FLUCTUATION	1 Index Point (= $20 per contract)
PRICING UNIT	Dollars 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.
LAST TRADE DATE/TIME	Second Exchange business day after the futures contract month, 9:00 a.m.
CONTRACT MONTHS	HDD: Nov, Dec, Jan, Feb, Mar plus Oct and Apr
STRIKE PRICE INTERVALS	HDD: 1 index point in a range of 1 to 3200 index points See CME Rule 403A01.E.
EXERCISE PROCEDURE	European Style - See CME Rule 403A02
PRODUCT CODE	Weather Product Codes
EXCHANGE RULEBOOK	CME 403A
BLOCK MINIMUM	Block Minimum Thresholds
VENDOR CODES	Quote Vendor Symbols Listing
UNDERLYING CONTRACT	One CME Degree Days (HDD) Index Futures Contract

For details on contracts currently eligible to trade please view the Weather Product Calendar.

*Only options that have traded are listed