CME Group Hurricane Seasonal

Hurricane Seasonal contracts focus on the total number of hurricanes that occur within a specific location or geographic area between January 1 and December 31.
CME Group Hurricane Seasonal Futures and Options	CME Group Hurricane Seasonal Futures and Options 	CME Group Hurricane Seasonal Futures and Options
Contract Size 	$1,000 times the seasonal total for the respective CHI	$1,000 times the seasonal total for the respective CHI
Quotation 	CHI Index Points 	CHI Index Points
Tick Size 	0.1 CHI Index Point 	0.1 CHI Index Point
Tick Value 	0.1 CHI Index Point = $100 	0.1 CHI Index Point = $100
Contracts Traded 	Expressed in terms of the accumulated CHI for all hurricanes that occur within a specific location between January 1 and December 31
inclusive of a calendar year
Expressed in terms of the accumulated CHI-Cat-In-A-Box values for all hurricanes that occur within a specific geographic area between January 1
and December 31 inclusive of a calendar year	Expressed in terms of the accumulated CHI for all hurricanes that occur within a specific location between January 1 and December 31
inclusive of a calendar year
Expressed in terms of the accumulated CHI-Cat-In-A-Box values for all hurricanes that occur within a specific geographic area between January 1
and December 31 inclusive of a calendar year
Locations 	Gulf Coast
(Brownsville, TX to AL/FL Border)
Florida
(AL/FL Border to Fernandina Beach, FL)
Southern Atlantic Coast
(Fernandina Beach, FL to NC/VA Border)
Northern Atlantic Coast
(NC/VA Border to Eastport, ME)
Eastern U.S.
(Brownsville, TX to Eastport, ME)
CHI-Cat-In-A-Box − Galveston-Mobile
(area bounded by 95°30’0”W on the West, 87°30’0”W on the East, 27°30’0”N on the South, and the corresponding segment of the U.S. coastline on the North)	Gulf Coast
(Brownsville, TX to AL/FL Border)
Florida
(AL/FL Border to Fernandina Beach, FL)
Southern Atlantic Coast
(Fernandina Beach, FL to NC/VA Border)
Northern Atlantic Coast
(NC/VA Border to Eastport, ME)
Eastern U.S.
(Brownsville, TX to Eastport, ME)
CHI-Cat-In-A-Box − Galveston-Mobile
(area bounded by 95°30’0”W on the West, 87°30’0”W on the East, 27°30’0”N on the South, and the corresponding segment of the U.S. coastline on the North)
Ticker Symbols 	HGA = Gulf Coast
HFA = Florida
HSA = Southern Atlantic Coast
HNA = Northern Atlantic Coast
HXA = Eastern U.S.
HPA = CHI-Cat-In-A-Box − Galveston-Mobile	HGA = Gulf Coast
HFA = Florida
HSA = Southern Atlantic Coast
HNA = Northern Atlantic Coast
HXA = Eastern U.S.
HPA = CHI-Cat-In-A-Box − Galveston-Mobile
Termination of Trading 	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 December 31	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 December 31
Strike Price Interval 	N/A 	1 Index Point (e.g., 10, 11, 12, etc.)
Exercise 	N/A 	American-style (exercised any time up to and including LTD)
Settlement 	All futures contracts remaining open at the termination of trading
shall be settled using the respective CHI final value reported by
Eqecat for that numbered event
All futures contracts remaining open at the termination of trading
shall be settled using the respective CHI-Cat-In-A-Box final value
reported by Eqecat for that numbered event, using the
maximum calculated CHI value while the hurricane is within the
designated area	N/A
Position limits 	Position accountability for positions exceeding 10,000 contracts in
any contract month"
"| Position accountability for positions exceeding 10,000
futures-equivalent contracts net on the same side of the market in
any contract month	
Trading Hours 	Offered exclusively on the CME Globex electronic trading platform
on Sundays through Thursdays, 5:00 p.m. – 3:15 p.m. CT the
following day (9:00 a.m. CT LTD)	Traded via open outcry in the NASDAQ-100 pit on Mondays
through Fridays, 8:30 a.m. – 3:15 p.m. CT (9:00 a.m. CT LTD)
== Also See ==
CME Group weather products
== Resources ==
CME Group Web site
CME Group Hurricane products
Category:Hurricane Futures Contracts
Category:Futures Contracts Traded on CME Group
Category:Weather Futures Contracts
Category:Heating Degree Day Options
Category:Options Traded on CME Group
Category:Weather Options
Category:Futures Data in Template
Category:Hurricane Options
Category:Weather
Category:CME Group