Asset Class Navigation

California Carbon Allowance (CCA) Futures Contract Specs

Product Symbol CME Globex: CCA
CME ClearPort: CCA
Venue CME Globex, CME ClearPort
Hours
(All Times are New York Time/ET)
CME Globex: Sunday - Friday 6:00 PM - 5:15 PM ET (5:00 PM - 4:15 PM CT) with a 45-minute break each day beginning at 5:15 PM ET (4:15 PM CT)
CME ClearPort Sunday - Friday 6:00 PM - 5:15 PM ET (5:00 PM - 4:15 PM CT) with a 45-minute break each day beginning at 5:15 PM ET (4:15 PM CT)
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.
Minimum Fluctuation $0.01 per allowance (i.e. $10.00 per lot)
Listed Contracts CME Globex: 4 months
CME ClearPort and Open Outcry: 4 months
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.
Settlement Type Physical
Delivery Physical delivery occurs at the California Market Tracking System (MTS) two business days after the final day of trading.
Position Limits NYMEX Position Limits
Rulebook Chapter 1273
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.