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Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures Contract Specs

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: RGI
CME ClearPort: RJ
Clearing: 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.