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CBL California Carbon Allowance Vintage-Specific 2017 Futures Contract Specs

Contract Unit 1,000 California Carbon Allowance (CCA)
Price Quotation US Dollars ($) and cents (¢) per allowance.
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. NY (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. NY (4:00 p.m. CT)
Minimum Price Fluctuation $0.01 per allowance (i.e. $10.00 per contract)
Product Code CME Globex: C7C
CME ClearPort: C7C
Clearing: C7C
Listed Contracts Monthly contracts listed for the current year and the next 3 calendar years. December 2020 is the last listed contract.
Settlement Method Deliverable
Termination Of Trading Trading terminates three business days prior to the last business day of the contract month.
Settlement Procedures Deliverable
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1254
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Delivery Procedure Delivery shall take place on the third business day after the final day of trading. Should the Compliance Instrument Tracking System Service  (CITSS) be inoperable during the Delivery Period due to periodic maintenance that is an Exchange business day, the Exchange shall have the option to extend the Delivery Period to the next valid business day at the Registry and Exchange.