Asset Class Navigation

Daily European Union Allowance (EUA) Futures Contract Specs

Contract Unit 1,000 CO2 EU Allowances: each EU Allowance is an entitlement to emit one ton of carbon dioxide equivalent gas.
Price Quotation Euros (€) and cents (¢) per allowance
Trading Hours Sunday - Friday 6:00 p.m. - 12:00 noon (5:00 p.m. - 11:00 a.m. CT)
Minimum Price Fluctuation €0.0025 per EUA (i.e. €2.50 per lot of 1,000 EUAs)
Product Code CME Globex: EUL
CME ClearPort: EUL
Clearing: EUL
Listed Contracts 2 Dailies
Settlement Method Deliverable
Termination Of Trading 17:00:00 UK local time on the contract day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1260
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Delivery Procedure Physical delivery occurs at the UK Emissions Trading Registry (UK Registry) two business days after the last trading day.