CME Group Hurricane Event

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Hurricane Event contracts cover specific regional locations and actual named hurricanes making landfall in the United States Atlantic basin regions.

CME Group Hurricane Event futures
Exchange	CME Group
Settlement	Cash settled
Trade Unit	$1,000 times the respective CHI
Point Value	1 CHI point = $1,000
Tick Value	0.1=$100
Contract Months	At the beginning of each season, storm names are used from a list, starting with A and ending with Z, maintained by the World Meteorological Organization. In the event that more than 21 named events occur in a season, additional storms will take names from the Greek alphabet: Alpha, Beta, Gamma, Delta, ect.
Last Trading Day	termination of trading trading shall terminate at 9:00 a.m. Central Time (CT) on the first Exchange business day that is at least two calendar days following the last forecast/advisory issued by the NHC for the named event, but in no event shall trading terminate prior to the first Exchange business day that is at least two calendar days following the beginning of the hurricane season on June 1. If a particular named event is unused (i.e., that storm has not formed), trading shall terminate at 9:00 a.m. CT on the first Exchange business day that is at least two calendar days following the end of the hurricane season on November 30
Note: This contract is electronic ONLY -- no open outcry
	No Open Outcry	Electronic
Trading Hours	N/A	Traded exclusively on CME Globex on Sundays through Thursdays, 5:00 p.m. - 3:15 p.m. CT the following days
Ticker Symbol	NA	Events begin with a one and end with a zero (0 represents 10) HX1-HX0 = CHI Hurricane Index storms beginning with the letters A - J HP1-HP0 = CHI Cat-In-A-Box - Galveston-Mobile storms A-J
Price Limits	N/A	N/A

CME Group Hurricane Event options
Trade Unit	One futures contract
Point Value	1 point = $1,000 (0.1 = $100)
Tick Value	Regular 1.00=$1,000.00; Cabinet 0.50=$500.00
Option Months	At the beginning of each season, storm names are used from a list, starting with A and ending with Z, maintained by the World Meteorological Organization. In the event that more than 21 named events occur in a season, additional storms will take names from the Greek alphabet: Alpha, Beta, Gamma, Delta, ect.
Strike Prices	0-30
Exercise Style	American
Option Expiration Day	Expiration is same day and time as the futures expire
	Open Outcry	No Electronic Market
Trading Hours	Traded on Sundays through Thursdays, 5:00 p.m. - 3:15 p.m. CT the following days	N/A
Ticker Symbol	Events begin with a one and end with a zero (0 represents 10) HX1-HX0 = CHI Hurricane Index storms beginning with the letters A - J HP1-HP0 = CHI Cat-In-A-Box - Galveston-Mobile storms A-J	N/A
Price Limits	None	N/A