• Green Exchange Products Availability for Testing

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 09-534
      • Notice Date
      • 30 November 2009
      • Effective Date
      • 30 November 2009
    • Pending regulatory approval, the Green Exchange Venture is proposing to launch as an independent exchange during the first quarter of 2010.  The new exchange will be called the Green Exchange.  Green Exchange products will trade via CME Globex and privately-negotiated transactions may be submitted for clearing through CME ClearPort.
       
      Currently, there are thirty NYMEX products which will be migrated as Green Exchange products using the same product codes when the Green Exchange is launched. In addition, when the Green Exchange is launched existing positions in clearing for these products will change from NYMEX to GEX, and member firms will need to make the corresponding adjustment in their bookkeeping systems. 
       
      The exchange acronym in FIXML and SPAN® messages and files will be GEX. The CFTC code for Green Exchange for Large Trader Reporting will be GE.
       
      Firms will have the opportunity to test Green Exchange products beginning Monday January 11th, 2010 in the New Release environment. 
       
      A suite of sample data files for the Green Exchange will be made available including trade confirmation messages, trade register data file, a settlement price file in both a fixed and FIXML format and a combined SPAN file. Information on these sample files will be provided in a subsequent advisory.
       
      For further information, please see www.greenfutures.com, or contact CME Clearing at 312-207-2525.

      The currently listed NYMEX products will become Green Exchange products listed as follows:
       

      ID
      Long_Name
      Prod_Type
      09
      Sulfur Dioxide (SO2) Emission 25-Allowance Current
      FUT
      10
      Sulfur Dioxide (SO2) Emission 25- Allowance Vintage 2010
      FUT
      11
      Sulfur Dioxide (SO2) Emission 25- Allowance Vintage 2011
      FUT
      12
      Sulfur Dioxide (SO2) Emission 25- Allowance Vintage 2012
      FUT
      13
      Sulfur Dioxide (SO2) Emission 25- Allowance Vintage 2013
      FUT
      14
      Sulfur Dioxide (SO2) Emission 25- Allowance Vintage 2014
      FUT
      6P
      In Delivery Month Certified Emission Reductions (EUR)
      OOF
      6S
      In Delivery Month Certified Emission Reduction (CER)
      FUT
      6T
      In Delivery Month European Union Allowance (EUA)
      FUT
      6U
      In Delivery Month European Union Allowance (EUA)
      OOF
      9E
      In Delivery Month Certified Emission Reduction (CER) Serial
      OOF
      9G
      In Delivery Month European Union Allowance (EUA) Serial
      OOF
      AS
      Sulfur Dioxide (SO2) Emission Allowance
      OOF
      AV
      European Union Carbon Emissions Allowance (EUA)
      OOF
      OR
      Regional Greenhouse Gas Initiative (RGGI) Carbon Emissions
      OOF
      RC
      European Union Carbon Emissions Allowance (EUA)
      FUT
      RJ
      Regional Greenhouse Gas Initiative (RGGI) Carbon Emission
      FUT
      RN
      Nitrogen Oxide (NOX) Seasonal Emission Allowance Vintage 2008
      FUT
      RS
      Sulfur Dioxide (SO2) Emissions Allowance
      FUT
      S2
      Sulfur Dioxide (SO2) Emissions Allowance
      OOF
      VA
      Certified Carbon Emission Reduction (CER) Euro
      FUT
      VG
      Certified Carbon Emission Reduction (CER) Euro
      OOF
      WW
      Nitrogen Oxide (NOX) Annual Emission Vintage 2009
      FUT
      YI
      Nitrogen Oxide (NOX) Seasonal Emission Vintage 2009 Futures Allowance
      FUT
      YJ
      Nitrogen Oxide (NOX] Seasonal Emission Allowance Vintage 2010
      FUT
      YM
      Nitrogen Oxide (NOX) Seasonal Emission Allowance Vintage 2012
      FUT
      YN
      Nitrogen Oxide (NOX) Seasonal Emission Allowance Vintage 2011
      FUT
      YP
      Nitrogen Oxide (NOX) Annual Emission Allowance Vintage 2010
      FUT
      YQ
      Nitrogen Oxide (NOX) Annual Emission Allowance Vintage 2011
      FUT
      YR
      Nitrogen Oxide (NOX) Annual Emission Allowance Vintage 2012
      FUT