- Trading Screen Product Name
- LCFS Futures
- Trading Screen Hub Name
- LCFS
- Contract Symbol
LFT
- Settlement Method
Exercise into Underlying Futures Contract.
- Contract Size
1 California Low Carbon Fuel Standard Credit (OPIS) Future
contract.
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per LCFS
Credit; 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 five years.
2. The Standard Cycle is: January, February, March, April, May,
June, July, August, September, October, November and December
- Last Trading Day
At 2:30 pm EPT on the 15th calendar day of the expiring month.
Where the 15th calendar day is not a Business Day, the Last Trading
Day shall be the first Business Day following the 15th calendar day
of the expiring month
- Option Style
European
- Option Premium
Futures Style
- Exercise Procedure
Automatic
Clearing Members shall provide exercise and abandon instructions to
the Clearing Organization in accordance with the Clearing
Organization rules
5:30 pm EPT on the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU