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CME is adding CME Seasonal Strips for Snowfall futures and options to its suite of CME Weather products, which is currently based on indexes of temperature, frost and snowfall. CME Seasonal Strip Snowfall futures and options will enable customers to trade up to six months (but no less than two) of snowfall contracts in one trade. They represent an expansion of CME Weather products and are a scalable product that customers can tailor to suit their individual needs.
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