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| Trading Unit |
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| $10 times Index |
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| Index Value |
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| Insured Losses Divided by $10 million |
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| Trading Hours |
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Open outcry trading is conducted from 9:00 AM until 2:30 PM.
Electronic trading is conducted from 6:00 PM until 5:15 PM via the CME Globex® trading platform, Sunday through Friday. There is a 45-minute break each day between 5:15 PM (current trade date) and 6:00 PM (next trade date). Off Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday. |
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| Trading Months |
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| Up to three calendar loss years. |
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| Termination of Trading |
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| Trading terminates at the close of business on the last business day of the March month following the Calendar loss year. |
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| Minimum Price Fluctuation |
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| 1.00 index point or $10 contract value |
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| Settlement |
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| Financial. Final cash settlement to be rounded to nearest $100,000 (.01 index points) |
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| Trading Symbol |
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| XF |
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