- Trading Screen Product Name
- CCA Specific Futures
- Trading Screen Hub Name
- CCAS V21
- Contract Symbol
CC1: Vintage 2021
- Settlement Method
Physical delivery
- Contract Size
1,000 California Carbon Allowances
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per
California Carbon Allowance; minimum price fluctuation may vary by
trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
1. The Exchange may list monthly contracts in the Standard Cycle or
any other calendar month it determines for the current year and
forward for up to ten years.
2. The Standard Cycle is: January, February, March, April, May,
June, July, August, September, October, November and December
- Last Trading Day
Three Business Days prior to the last Business Day of the delivery
month
The last weekday of December is not considered a Business Day,
unless otherwise determined and announced by the Exchange.
- Deliverable Instruments
The deliverable instruments are California Carbon Allowances equal
to the contract size delivered through the California MTS.
California Carbon Allowances acceptable for delivery are those
issued as a limited authorization to emit up to one metric ton of
CO2 or CO2 equivalent in the California Cap and Trade Program
having a vintage corresponding to the specified vintage year only.
- Registry
California MTS
- MIC Code
- IFED
- Clearing Venues
- ICEU