Energy Products
Description Added
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures
 
 
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures
Product Symbol CME Globex: RGI
CME ClearPort: RJ
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 RGGI Allowances: each RGGI Allowance is an entitlement to emit one ton of carbon dioxide equivalent gas.
Price Quotation US Dollars ($) and cents (¢) per allowance.
Minimum Fluctuation $0.01 per allowance (i.e. $10.00 per lot)
Listed Contracts Monthly contracts listed through 2012; December 2013; December 2014.
Termination of Trading Physical delivery occurs through the RGGI CO2 Allowance Tracking System (RGGI-COATS) three business days after the final day of trading.
Settlement Type Physical
Delivery Physical delivery occurs at the California Market Tracking System (MTS) two business days after the final day of trading.
Position Limits NYMEX Position Limits
Rulebook Chapter 1263
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.

 

 
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