CME Group Hurricane Seasonal

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Hurricane Seasonal contracts focus on the total number of hurricanes that occur within a specific location or geographic area between June 1 and November 30.

CME Group Hurricane Seasonal 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	Expressed in terms of the accumulated CHI for all hurricanes that occur within a specific location between June 1 and November 30 inclusive of a calender year. Expressed in terms of a accumulated CHI Cat-In-The-Box values for all hurricanes that occur within a specific geographic area between June 1 and November 30 inclusive of a calendar year.
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	HGA = Gulf Coast HFA = Florida HSA = Southern Atlantic Coast HNA = Northern Atlantic Coast HXA = Eastern US HPA = CHI Cat-in-the-box (Galveston-Mobile)
Price Limits	N/A	50 points

CME Group Hurricane Seasonal 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	Expressed in terms of the accumulated CHI for all hurricanes that occur within a specific location between June 1 and November 30 inclusive of a calender year. Expressed in terms of a accumulated CHI Cat-In-The-Box values for all hurricanes that occur within a specific geographic area between June 1 and November 30 inclusive of a calendar year.
Strike Prices	0-50
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	HGA = Gulf Coast HFA = Florida HSA = Southern Atlantic Coast HNA = Northern Atlantic Coast HXA = Eastern US HPA = CHI Cat-in-the-box (Galveston-Mobile) 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	50 points	N/A