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Weekly Precipitation Day Count Contracts
 
Contract Size Notional value of $1.00
Price Quotation Contracts are priced at $0.01 to $0.99 per contract
Trading Fee Schedule Orders that execute at the market: No Fee
Other Limit Orders: $0.01 per contract
Settlement Fee Schedule Out of the money settlments: No Fee
In the money settlments: $0.01 per contract
Trading Hours Monthly rainfall contracts are available for continuous trading during weekdays througout the year. Weekend and holiday trading are available during the last 5 calendar days leading up to the last trading day of each month.
Locations KACY
Listed Contracts June 2017-December 2018
Status Weather System Status
Time and Sales Daily Trade Executions
Settlement Procedures Trading shall terminate by noon the day after the last day of the contract.  Early termination of trading for each WPDC contract will occur any time the exchange publishes a Daily Aggregate Rain Index value that causes the strike level for a given location to be exceeded in a given contract week.
Position Accountability Level 10,000 contracts
Margin Requirements 100% of the Participant's at risk amount
Rulebook Weekly Precipitation Day Count Contract Rules
Instrument Code RAIN_<Location>_W_VVVV  whereas "RAIN" and "W" stand for weekly rainfall daycount, and the specific location is embedded in <Location>.  Amount of rain that causes a given day to trigger is listed down to hundredths of an inch in VVVV.  The particular week and number of days to trigger a payout for the buyer in a week are embedded in the expiry and strike fields respectively.

Participant Support participants@cantorexchange.com +1 212-829-5440
                               For trade and market support. Available 24x5.
Customer Service customerservice@cantorexchange.com +1 877-300-4555
                    For general inquiries and new applicants. M-F 9am-5pm ET.