Emissions Products

All Emissions Products

Global Emissions contracts enable seamless trading between environmental spot futures markets. CME Group’s Emissions products provide customers with real-time global access to hedge exposure in the US and European markets.

We offer a highly competitive fee schedule for these markets and utilize all of CME Group's trading and clearing solutions to offer an unrivalled customer experience. 

View our suite of Voluntary Carbon Emissions Offset futures.

 

Subscription Center

Sign up to receive emails about Emissions and Energy products.

Subscribe here

Resources

Find a Block Broker

Trayport

CCA deliveries process

Carbon Emissions Solutions

EUA deliveries process

European Union Allowances

EUA futures and options product specifications and expiries conform to established market with the added features of:

  • Minimum block size is 5 lots
  •  Competitive fee schedule
  •  NYMEX opening hours 23 hours 6 days a week
  •  Trading available on CME Globex and through CME ClearPort

Products

Clearing Globex ClearPort Product Name Cleared As Volume Open Interest
NGO NGO NGO CBL Nature-Based Global Emissions Offset Futures Futures 14 7,724
GEO GEO GEO CBL Global Emissions Offset Futures Futures 576 7,040
CGO CGO CGO CBL Core Global Emissions Offset (C-GEO) Futures Futures 0 75
NOT NOT NOT CBL Nature-Based Global Emissions Offset Trailing (N-GEO-TR) Futures Futures 0 0
RJ RGI RJ Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures Futures 0 0
CC1 CC1 CC1 CBL California Carbon Allowance Vintage-Specific Futures 2021 Futures 0 0
ECO ECO ECO European Union Allowance (EUA) Option Options 0 0
OR RGX OR Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Option Options 0 0
CC2 CC2 CC2 CBL California Carbon Allowance Vintage-Specific Futures 2022 Futures 0 0
CC3 CC3 CC3 CBL California Carbon Allowance Vintage-Specific Futures 2023 Futures 0 0
COT COT COT CBL Core Global Emissions Offset Trailing (C-GEO-TR) Futures Futures 0 0
ECF ECF ECF European Union Allowance (EUA) Futures Futures 0 0
Trade Date: 08 Dec 2023 | PRELIMINARY

Contact Us

Europe

Verena Peternell
Senior Director, Energy Products
 +44 20 3379 3837

More Energy Products

European Union Allowance (EUA) options exercise & assignment prices

Exercise & assignment prices are available at approximately 13:15 London local time on the contract expiry date. Find contract expiry dates on the interactive expiration calendar.

 
European Union Allowance (EUA) Options Product Code Contract Month Exercise & Assignment Price Timestamp (CT)
European Union Allowance (EUA) Option ECO - - -

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2023 CME Group Inc. All rights reserved.