| CME European Seasonal Strips HDD Futures |
| Trade Unit |
20 GBP times the respective CME European Seasonal Strip Degree Days Index. |
| Point Descriptions |
1 point = 1.00 Degree Day Index = 20 GBP |
| Contract Listing |
Each Contract is a multiple-month season. The heating degree contract HDD October-April 2006 Seasonal Strip is D0VJ6. D0V is the 3-character product code and J6 is the contract month/year of expiration. Each CME European Seasonal Strip Degree Days HDD is the accumulation of like Degree Days over a minimum of two, and a maximum of seven, consecutive calendar months. |
| Strike Price Interval |
N/A |
| Product Code |
Contracts reflect City and Start month.
D0V has an October start month.
D0X has a November start month.
D0Z-December.
D0F-January.
D0G-February
D0H-March.
The following Cities are supported:
Clearing & Ticker:
D0V/D0H=London
D1V/D1H=Paris
D2V/D2H=Amsterdam
D3V/D3H=Berlin
D4V/D4H=Essen
D5V/D5H=Stockholm
D8V/D8H=Barcelona
D9V/D9H=Rome
DQV/DQH=Madrid
|
| Trading Venue: CME® Globex® |
| Hours |
Mon/Thurs 5:00 p.m.-3:15 p.m. Sun & Hol 5:00 p.m.-3:15 p.m. LTD(9:00 a.m.)^ |
| Listed |
N/A |
| Strike |
N/A |
| Limits |
50 index points plus or minus the CME last price. This equals a maximum exposure of 5,000 GBP per contract. |
| Minimum Fluctuation |
Regular |
1.00=20 GBP |
