- Trading Screen Product Name
- CCA Futures
- Trading Screen Hub Name
- CCA V18
- Commodity Code
- Settlement Method
Exercise into Underlying Futures Contract
- Contract Size
1 California Carbon Allowance Futures Contract
- Minimum Price Fluctuation
The price quotation convention shall be One tenth of one cent
($0.001) per Allowance; minimum price fluctuation may vary by trade
type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
1. Standard-cycle contract listings: Monthly contract sets for the
current year and forward three years.
2. Annual December contract sets through 2020.
3. The Exchange may list any other calendar month contract sets off
the standard-cycle listing schedule through the last expiring
- Strike Price Intervals
A minimum of ten Strike Prices in increments of $0.05 above and
below the at-the-money Strike Price. Strike Price boundaries are
adjusted according to futures price movements. User-defined Strike
Prices are allowed in $0.05 increments.
- Last Trading Day
At 4:00pm EPT on the 15th calendar day of the delivery month. Where
the 15th calendar day is not a Business Day, the Last Trading Day
shall be the first Business Day following the 15th calendar day of
the delivery month.
- Option Style
Clearing Members shall provide exercise and abandon instructions to
the Clearing Organization in accordance with the Clearing
Exercise Time 5:30 pm EPT on the Last Trading Day
- MIC Code
- Clearing Venues