CME Group US Seasonal Strip Weather Heating Degree Day

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U.S. Seasonal Srip Weather Heating Degree Day futures
Exchange	CME Group
Settlement	Cash settled
Trade Unit	$20 times the Heating Degree Day Index
Point Value	1 point = 1.00 Degree Day Index = $20.00
Tick Value	1.00 = $20
Contract Months	Oct, Nov, Dec, Jan, Feb, Mar, Apr
Last Trading Day	Two business days following the contract expiration (9 am 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 heating degree contract HDD October-April 2006 Seasonal Strip is H2VJ8. H2V is the 3-character product code and J8 is the contract month/year of expiration. Each CME U.S. 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.
Price Limits	N/A	N/A

U.S. Seasonal Srip Weather Heating Degree Day options
Trade Unit	One futures contract
Point Value	1 point = 1.00 Degree Day Index = $20
Tick Value	Regular 1.00=$20.00; Cabinet 0.50=$10.00
Option Months	7 consecutive calendar months, Oct, Nov, Dec, Jan, Feb, Mar and Apr.
Strike Prices	All listed intervals
Exercise Style	European
Option Expiration Day	Two business days following the expiration of 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 heating degree contract HDD October-April 2006 Seasonal Strip is H2VJ8. H2V is the 3-character product code and J8 is the contract month/year of expiration. Each CME U.S. 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.	N/A
Price Limits	None	N/A