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In Delivery Month European Union Allowance (EUA) Futures Contract Specs

Contract Unit 1,000 European Union Allowances (EUAs). Each EUA is an entitlement to emit one ton of carbon dioxide- equivalent gas.
Price Quotation Euros (€) 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 €0.0025 per EUA (i.e. €2.50 per lot of 1,000 EUAs)
Product Code CME Globex: EAF
CME ClearPort: 6T
Clearing: 6T
Listed Contracts 3 months. 8 quarterlies
Settlement Method Deliverable
Termination Of Trading Last Monday of the delivery month. If the last Monday of the delivery month occurs on a UK Bank Holiday or, if a UK Bank Holiday occurs on any of the four (4) days following the last Monday of the delivery month, trading shall cease on the penultimate Monday of the delivery month. If the penultimate Monday of the delivery month occurs on a UK Bank Holiday or, if a UK Bank Holiday occurs on any of the four (4) days following the penultimate Monday of the delivery month, trading shall cease on the antepenultimate Monday of the delivery month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1250
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Delivery Procedure Physical delivery occurs at the UK Emissions Trading Registry (UK Registry) two business days after the last trading day.