Markets

Carbon-Based Contracts

European Union Allowance (EUA)
Futures Contract Options Contract In Delivery Month European Union Allowance (EUA)
Futures Contract Options Contract Serial Options Certified Emission Reduction (CER)
Futures Contract Options Contract In Delivery Month Certified Emission Reduction (CER)
Futures Contract Options Contract Serial Options Regional Greenhouse Gas Initiative (RGGI)
Futures Contract Vintage 2009 Futures Vintage 2010 Futures Vintage 2011 Futures Vintage 2012 Futures Options Contract

Nitrogen Oxide (NOX) Contracts

Seasonal Emission Allowance
Current Vintage Futures Vintage 2009 Futures Vintage 2010 Futures Vintage 2011 Futures Vintage 2012 Futures Annual Emission Allowance
Vintage 2009 Futures Vintage 2010 Futures Vintage 2011 Futures Vintage 2012 Futures

Sulfur Dioxide (SO2) Contracts

Emission Allowance
Futures Contract Options Contract Emission 25-Allowance
Current Vintage Futures Vintage 2010 Futures Vintage 2011 Futures Vintage 2012 Futures Vintage 2013 Futures Vintage 2014 Futures Options Contract

 

European Union Allowance (EUA) Futures

Trading Unit 
1,000 EUA allowances

Price Quotation 
Euros and Euro cents per allowance
  
Minimum Tick 
€0.01 per allowance
 
Trading Hours (All times are New York time) 
The contracts are available for trading on the CME Globex® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.

Trading Months 
Beginning with December 2008, the last month of each quarter cycle is listed for two consecutive years, followed by the December contract month for the next two years

Termination of Trading 
Trading ceases at the close of business two business days prior to the first business day of the contract month.  

Settlement Type 
Physical, at the UK Emissions Trading Registry (UK Registry). 

Fees
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Full Contract Specifications
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Trading Symbol 
CME Globex: EUA; CME ClearPort: RC
   
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