CME Group Canadian Seasonal Strip Weather CAT

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Canadian Seasonal Strip Weather Cumulated Average Temperature (CAT) futures
Exchange CME Group
Settlement Cash settled
Trade Unit 20 CAD times the Canadian Cumulated Average Temperature Index
Point Value 1 point = 1.00 Average Temperature Index = 20 CAD
Tick Value 1.00 = 20 CAD
Contract Months Apr, May, Jun, Jul, Aug, Sep and Oct.
Last Trading Day Two business days following the contract period (9am CT)
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Mon/Thurs 5:00 p.m.-3:15 p.m.; Sun/Hol 5:00 p.m.-3:15 p.m., Last Trading Day - 9:00 a.m.
Ticker Symbol N/A Each Contract is a multiple-month contract. The CAT April-October 2008 Seasonal Strip is P2JV8. P2J is the 3-character product code and V8 is the contract month/year of expiration. Each CME Canadian Seasonal Strip CAT contract is the accumulation of like Average Temperature over a minimum of two, and a maximum of seven, consecutive calendar months.
Price Limits N/A N/A
 
Canadian Seasonal Strip Weather Cumulated Average Temperature (CAT) options
Trade Unit One futures contract
Point Value 1 point = 1.00 Average Temperature Index = 20 CAD
Tick Value Regular 1.00=20 CAD; Cabinet 0.50=10 CAD
Option Months 7 consecutive calendar months, Apr, May, June, July, Aug, Sept and Oct
Strike Prices All listed intervals
Exercise Style European
Option Expiration Day Two business days following the contract period (9 am CT)
  Open Outcry No Electronic Market
Trading Hours Mon/Fri 8:30 a.m. to 3:15 p.m. (CST) Last Trading Day (9:00 a.m.) N/A
Ticker Symbol Each Contract is a multiple-month contract. The CAT April-October 2008 Seasonal Strip is P2JV8. P2J is the 3-character product code and V8 is the contract month/year of expiration. Each CME Canadian Seasonal Strip CAT contract is the accumulation of like Average Temperature over a minimum of two, and a maximum of seven, consecutive calendar months. N/A
Price Limits None N/A

Also See

CME Group weather products

Resources

CME Group Web site

CME Group Canadian CAT contracts

References

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