- Trading Screen Product Name
- CCA Futures
- Trading Screen Hub Name
- CCA V28
- Trading Screen Product Name
CCA Futures
- Trading Screen Hub Name
CCA V28
- Contract Symbol
CB8
- 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 calendar year of the expiring
contract and allowances having a vintage of any year prior to the
calendar year of the expiring contract. If the specified vintage
year allowances do not exist in the California MTS at contract
expiry, allowances of any prior vintage year or allowances of the
earliest vintage year available in the California MTS shall be
delivered.
- Registry
California MTS
- MIC Code
- IFED
- Clearing Venues
- ICEU