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Regional Greenhouse Gas Initiative CO2 Allowance Vintage 2009 Futures Contract Specs

Product Symbol CME Globex: 98N
CME ClearPort: 98
Venue CME Globex, CME ClearPort
(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 CME Globex: 1 month
CME ClearPort and Open Outcry: 1 month
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.

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