
The Exchange uses two NWS products for its Underlying: (1) the Daily Climate Reports for Central Park, NY, LaGuardia International Airport, and JFK International Airport and (2) any location within the city limits of New York City, NYC included in an NWS Post-Storm Hurricane Report.
The market will expire on the first 10:00 AM ET following the release of official data at the Underlying confirming the event has occurred. Otherwise, the market will expire on the sooner of the the first 10:00 AM ET following the release of data for November 30, 2024, or one week after November 30, 2024.