Nitrogen Oxide (NOX) Seasonal Emission Allowance - Vintage 2012 Futures

Trading Unit 
10 tons
 
Price Quotation 
U.S. dollars and cents per ton.
  
Minimum Tick  
$25.00 per ton
 
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  
Quarterly, from June 2008 through the last December of each vintage year.

Termination of Trading 
Trading terminates at the close of business on the third business day prior to the last business day of the contract month. 

Settlement Type 
Physical, at the U.S. Environmental Protection Agency (EPA) NOx Allowance Management System (NAMS).  

Fees
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Full Contract Specifications
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Trading Symbol 
CME Globex: YMN; CME ClearPort: YM