CME Group Canadian Seasonal Strip Weather CAT

From MarketsWiki
Jump to: navigation, search


Canadian Seasonal Strip Weather Cumulated Average Temperature (CAT) futures
Exchange CME Group
Settlement Cash settled
Contract Size 20 CAD times the Canadian Cumulated Average Temperature Index
Pricing Unit 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
  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