| Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures - Vintage 2009 | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: 98N CME ClearPort: 98 |
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| 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 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 | December 2011; December 2012 | ||||
| Termination of Trading | Last business day of the contract month. | ||||
| Settlement Type | Physical | ||||
| Delivery | Physical delivery occurs through the RGGI CO2 Allowance Tracking System (RGGI-COATS) three 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. | ||||