ICE California Carbon Allowance Specific Vintage 2020 Future

From MarketsWiki
Jump to navigation Jump to search


HKEX 728x90 v6.gif


Physically delivered greenhouse gas emissions allowances where each is an allowance issued by the California Air Resources Board or a linked program (“California Carbon Allowance”) representing one metric ton of CO2 equivalent under California Assembly Bill 32 "California Global Warming Solutions Act of 2006" and its associated regulations, rules and amendments, all together known as the "California Cap and Trade Program".[1]

Contract Specs[edit]

California Carbon Allowance Specific Vintage 2020 Future
Trading Screen Product Name CCA Specific Futures
Trading Screen Hub Name CCAS V20
Contract Symbol CC0
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
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 specified vintage year only.

Registry California MTS
MIC Code IFED
Clearing Venues ICEU
Trading Hours CITY TRADING PRE-OPEN
NEW YORK 7:50 PM - 6:00 PM

19:50 - 18:00

7:40 PM

19:40

LONDON 12:50 AM - 11:00 PM

00:50 - 23:00

12:40 AM

00:40

SINGAPORE 7:50 AM - 6:00 AM

07:50 - 06:00

7:40 AM

07:40

*Next Day

Sunday Pre-Open 5:40 PM ET; Closed on Saturday

Codes Clearing Admin Name CCA
Physical CC0
Logical CC0
GMI (FC) J#
ION A.C.N. None

Notes[edit]

References[edit]

Related Products[edit]

ICE California Carbon Allowance Specific Vintage 2019 Future

ICE California Carbon Allowance Specific Vintage 2021 Future

ICE California Carbon Allowance Specific Vintage 2022 Future

ICE California Carbon Allowance Specific Vintage 2023 Future

ICE California Carbon Allowance Specific Vintage 2024 Future