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California Carbon Allowance (CCA) Futures Contract Specs

Contract Unit 1,000 CO2 California Carbon Allowances: each CCA Allowance is an entitlement to emit one metric ton of carbon dioxide equivalent gas.
Price Quotation US Dollars ($) and cents (¢) per allowance.
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Minimum Price Fluctuation $0.01 per allowance (i.e. $10.00 per lot)
Product Code CME Globex: CCA
CME ClearPort: CCA
Clearing: CCA
Listed Contracts 4 months
Settlement Method Deliverable
Termination Of Trading The fifteenth (15) day of the delivery month. If such day is not a business day, trading shall cease on the next business day of the delivery month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1273
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Delivery Procedure Physical delivery occurs at the California Market Tracking System (MTS) two business days after the final day of trading.