CME Group Hurricane Event

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 and Options	CME Group Hurricane Event Futures and Options 	CME Group Hurricane Event Futures and Options
Contract Size 	$1,000 times the respective CHI 	$1,000 times 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 x 10 = 1 tick/$1,000	0.1 CHI Index Point = $100 x 10 = 1 tick/$1,000
Contracts Traded 	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, and so on	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, and so on
Locations 	Named hurricanes making landfall in the Eastern U.S. (Brownsville, TX to Eastport, ME)
Named hurricanes occurring within the 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)	Named hurricanes making landfall in the Eastern U.S. (Brownsville, TX to Eastport, ME)
Named hurricanes occurring within the 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 	Events begin with a one and ends with a zero (0 represents 10)
HX1-HX0 = CHI Hurricane Index storms beginning with the letters A-J
HG1-HG0 = CHI Hurricane Index storms beginning with the letters K-V
HF1-HF0 = CHI Hurricane Index storms beginning with the letters W-Iota
HP1-HP0 = CHI Cat-In-A-Box – Galveston-Mobile storms A-J
HS1-HS0 = CHI Cat-In-A-Box – Galveston-Mobile storms K-V
HN1-HN0 = CHI Cat-In-A-Box – Galveston-Mobile storms W-Iota	Events begin with a one and ends with a zero (0 represents 10)
HX1-HX0 = CHI Hurricane Index storms beginning with the letters A-J
HG1-HG0 = CHI Hurricane Index storms beginning with the letters K-V
HF1-HF0 = CHI Hurricane Index storms beginning with the letters W-Iota
HP1-HP0 = CHI Cat-In-A-Box – Galveston-Mobile storms A-J
HS1-HS0 = CHI Cat-In-A-Box – Galveston-Mobile storms K-V
HN1-HN0 = CHI Cat-In-A-Box – Galveston-Mobile storms W-Iota
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 storm, 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 January 1. If a particular named storm 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 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 dissipation or exit from
the designated area of a named hurricane, 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 January 1 or later than the first business day that is at least two calendar days
following December 31. If a particular named storm is unused (i.e., that storm had 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 December 31.	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 storm, 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 January 1. If a particular named storm 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 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 dissipation or exit from
the designated area of a named hurricane, 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 January 1 or later than the first business day that is at least two calendar days
following December 31. If a particular named storm is unused (i.e., that storm had 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 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 last trading
day (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 named 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 named 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
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Category:Options Traded on CME Group
Category:Weather Options
Category:Futures Data in Template
Category:Hurricane Options
Category:Weather
Category:CME Group