Alberta Emission Offset Vintage 2023 Futures83047159
Alberta Emission Offset Vintage 2023 Futures
Description
Physically delivered Emission Offset or Sequestration Credit, each as defined under the Alberta Technology Innovation and Emissions Reduction ("TIER") Regulation, and each representing one metric tonne of CO2e.
Market Specifications
- Trading Screen Product Name
- NGX AEO Futures
- Trading Screen Hub Name
- AEO V23
- Contract Symbol
- AOG
- Settlement Method
- Physical Settlement
- Contract Size
- 1,000 Offsets
- Currency
- CAD
- Minimum Price Fluctuation
- The price quotation convention shall be One cent ($0.01) per Offset; minimum price fluctuation may vary by trade type.
- 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
- The last business day of the Contract Expiry Month
- Deliverable Instruments
- Only Emission Offsets and Sequestration Credits (as defined in the TIER Regulation) with a usable life expiring on the same date as the usable life of the specified vintage of the contract or longer are acceptable for delivery.
Emission Offsets generated under Non-Deliverable Quantification Protocols, as specfied in the ICE NGX Contracting Party Agreement, are not acceptable for delivery. - Daily Settlement
- Daily settlement will be determined by Intercontinental Exchange, Inc. using price data from a number of sources including spot, forward, and derivative markets for both physical and financial products.
- Final Settlement
- Final settlement will be determined by the actual Fixed Price entered into at time of transaction.
- Settlement
- 1:45pm - 2:00pm MT
- Final Payment Date
- 20th calendar day of the Settlement Month
- Registry
- Alberta Emissions Offset Registry (AEOR)
- Settlement Month
- The month following the Contract Expiry Month
- Seller Delivery Deadline
- 5th business day in the Settlement Month
- Buyer Delivery Deadline
- 10th business day in the Settlement Month
- MIC Code
- NGXC
- Clearing Venues
- NGXC
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 8:30 AM - 5:00 PM 08:30 - 17:00 | |
| LONDON | 1:30 PM - 10:00 PM 13:30 - 22:00 | |
| SINGAPORE | 9:30 PM - 6:00 AM* 21:30 - 06:00 |
Calgary Hours = 6:30 AM - 3:00 PM
Codes
- Clearing Admin Name
- NGX AEO
- Physical
- AOG
- Logical
- AOG
- GMI (FC)
- ION A.C.N.
- Symbol Code
- AOG