| Climate Action Reserve (CAR) Futures - Vintage 2009 | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: 92X CME ClearPort: 92 |
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| 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 Climate Reserve tonnes ("CRT"); each CRT is an entitlement to emit one metric tonne of carbon dioxide equivalent gas. | ||||
| Price Quotation | US Dollars ($) and cents (¢) per CRT. | ||||
| Minimum Fluctuation | $0.01 per CRT (i.e. $10.00 per lot) | ||||
| Listed Contracts | Six (6) consecutive quarterly and five (5) December contracts. | ||||
| Termination of Trading | The last business day of the contract month. | ||||
| Settlement Type | Physical | ||||
| Delivery | Physical delivery occurs through the Reserve. For contracts with a specified vintage-year, CRTs acceptable for delivery are those having a vintage corresponding to the specified vintage year. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 1261 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||