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CBL California Carbon Allowance Vintage-Specific 2019 Futures Contract Specs

Contract Unit 1,000 California carbon allowances
Price Quotation U.S. 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. 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 = $10.00
Product Code CME Globex: C9C
CME ClearPort: C9C
Clearing: C9C
Listed Contracts Monthly contracts listed through and including December 2020.
Settlement Method Deliverable
Termination Of Trading Trading terminates on the 4th last business day of the contract month.
Settlement Procedures Deliverable
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1257
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.