Contract Unit
|
1,000 RGGI allowances; each RGGI allowance is an entitlement to emit one ton of carbon dioxide equivalent gas. |
Price Quotation
|
U.S. dollars and cents per allowance |
Trading Hours
|
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
Minimum Price Fluctuation
|
0.01 per allowance = $10.00
|
Product Code
|
CME Globex: RGICME ClearPort: RJClearing: RJ
|
Listed Contracts
|
Monthly contracts listed for 18 consecutive months and a total of 4 December contract months
|
Settlement Method
|
Deliverable |
Termination Of Trading
|
Trading terminates on the last business day of the contract month.
|
Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 1263 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |
Delivery Procedure
|
Physical delivery occurs through the RGGI CO2 Allowance Tracking System (RGGI-COATS) three business days after the final day of trading. |