| European Union Allowance (EUA) Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: EUA CME ClearPort: RC |
||||
| Venue | CME Globex, CME ClearPort | ||||
| Hours (All Times are New York Time/ET) |
CME Globex: | Sunday – Friday 6:00 p.m. – 5:15 p.m. (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. (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) | ||||
| Contract Unit | 1,000 CO2 EU Allowances: each EU Allowance is an entitlement to emit one ton of carbon dioxide equivalent gas. | ||||
| Price Quotation | Euros (€) and cents (¢) per allowance | ||||
| Minimum Fluctuation | €0.01 per allowance (i.e. €10.00 per lot) | ||||
| Listed Contracts | December 2012; December 2013. | ||||
| Termination of Trading | Two business days prior to the first business day of the contract month. | ||||
| Settlement Type | Physical | ||||
| Delivery | Physical delivery occurs at the UK Emissions Trading Registry (UK Registry) two business days after the last trading day. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 1269 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||