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Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Options Contract Specs

Options
Contract Unit 1,000 Allowances
Minimum Price Fluctuation $0.01 per allowance (i.e. $10.00 per lot)
Price Quotation US Dollars ($) 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)
Open Outcry: Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/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)
Product Code CME Globex: RGX
CME ClearPort: OR
Clearing: OR
Listed Contracts Monthly contracts listed through 2012; December 2013; December 2014
Termination Of Trading Will expire at the close of trading on the fifteenth (15th) day of the contract month. If the 15th day is not a Business day, the RGGI Options Contracts shall expire on the Business day prior to the 15th.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1264
Vendor Codes Quote Vendor Symbols Listing
Settlement Method Deliverable
Underlying Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures