Rules and Regulations

Exchange and Clearinghouse Rules

Exchange and Clearinghouse Rules

Incentive Programs

THE TRADEWX INCENTIVE PROGRAM (RULE XI-100) IS NO LONGER ACTIVE, EFFECTIVE 5/21/2020.

Effective 08/01/2018, this program offers up to $100 for participating in an educational module that operates on an interactive weather prediction website, Forecaster Challenge. Numerous conditions apply as described in the rule.

For trading starting 09/01/2019, this program offers up to $4,500 per month to traders that trade no fewer than 100 contracts on at least 20 different Trading Days in a month.

THE EDUCATION INCENTIVE PROGRAM (RULE XI-102) IS NO LONGER ACTIVE, EFFECTIVE 5/23/2020.

Effective 08/07/2019, this program offers a one-time incentive payment of $10.00 upon acceptance as a Participant and up to $25 if the participant completes a survey. Other conditions may apply as described in the rule.

For a summary of how Active Traders can take advantage of the the liquidity incentive program and fee rebates, please check the Active Trader Incentives  page on TradeWeather.com

Weather Contract Rules

Tropical Storm and Hurricane Landfall Contracts

The ANSLS Contract is a swap with ZIP Code based strikes that terminates once a named Atlantic storm has dissipated or is no longer being tracked as a named storm and settle using CX’s shared risk pool methodology.

Seasonal Contracts

The SASI Contracts settle to measured aggregate snowfall totals for the entire winter season at specified locations and settle using CX’s shared risk pool methodology. Measurements generally end on May 31. However if no snowfall has occurred for a given location during the month of March, then measurement ends on March 31, and if no snowfall has occurred for a given location during the month of April, then measurement ends on April 30.

Monthly Contracts
Weekly Contracts

The WPDC Contract is a binary option style swap that pays $1.00 per contract if a minimum precipitation amount occurs for a minimum number of days at specified locations.

Daily Contracts

The DASI and DARI Contracts settle to measured daily precipitation totals at specified locations and settle using CX’s shared risk pool methodology.

The HEDTI and LEDTI Contracts settle to differences between the daily maximum or minimum temperatures relative to historical normal high and low temperatures and settle using CX’s shared risk pool methodology.

Forex Contract Rules

Note: All contracts below are not currently being listed for trading

Metals Contract Rules

Note: All contracts below are not currently being listed for trading