Energy Products
Description Added
European Union Allowance (EUA) Options
 


Type
 
European Union Allowance (EUA) Option
Product Symbol CME Globex: EUX
CME ClearPort: AV
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 Size 1,000 Allowances
Price Quotation Euros (€) and cents (¢) per allowance
Minimum Fluctuation €0.01 per allowance (i.e. €10.00 per lot)
Termination of Trading Will expire at the close of trading three (3) business days prior to the termination of the underlying European Union Allowance EUA futures contract
Listed Contracts December 2012; December 2013
Settlement Type European Union Allowance (EUA) Options Contracts will be exercised into European Union Allowance (EUA) Futures Contracts and are of European-style exercise, such that at expiry, automatic exercise will occur of options which are one or more ticks in-the-money. (At-the-money options will lapse)
Position Limits NYMEX Position Limits
Rulebook Chapter 1270
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.

 

 
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