• Union Registry Closure on July 17th, 2013 & Delisting of Daily EUA Contracts

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 13-323
      • Notice Date
      • 15 July 2013
      • Effective Date
      • 15 July 2013
    • Please be advised the Union Registry will be closed Wednesday, July 17th, 2013 (please see the following link for details: http://ec.europa.eu/clima/news/articles/news_2013070901_en.htm). As a result, the Daily European Union Allowance (EUA) futures for contract days Monday, July 15, 2013 and Tuesday, July 16, 2013 will be delisted.
      There is no impact to the July In Delivery Month European Union Allowance (EUA) (commodity code 6T) and Certified Emission Reduction Plus (commodity code CPL) contracts, the regular delivery timeline will apply (please see the following advisory for the monthly contract timelines: http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv13-290.pdf).
      As a reminder, any firm going through delivery on European Union Emission contracts needs to have a trading account at the Union Registry and have the account trusted with CME Group’s account. Please alert Clearing House Deliveries at least 10 business days prior to delivery after setting up a new trading account as the Union Registry requires a holding period of 7 business days before accounts become trusted. Please contact Clearing House Deliveries if you plan to go through delivery on these contracts and do not meet the above criteria.
      For questions on the above please contact the CME Group Clearing House Deliveries at 312-930-3172 or clearinghousedelivteam@cmegroup.com


      For a printer-friendly version of this advisory, please click here.