Physically delivered EPA Cross State Air Pollution
(“CSAPR”) TR NOx Ozone Season Trading Program
Allowances (“U.S. EPA CSAPR TR NOx Ozone Season Trading
Trading Screen Product Name
CSAPR NOx Futures
Trading Screen Hub Name
CSAPR NOx Ozone V15
25 U.S. EPA CSAPR TR NOx Ozone Season Trading Program Allowances
(Vintage 2015 and after)
Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per U.S.
EPA CSAPR TR NOx Ozone Season Trading Program Allowance; minimum
price fluctuation may vary by trade type. Please see Table in
Resolution 1 to this Chapter 18.
1. Standard-cycle contract listings: Annual December expirations
for the current year and forward for up to five consecutive
2. The Exchange may list any other calendar month contract sets off
the standard-cycle listing schedule through the last expiring
Last Trading Day
Three Business Days prior to the last Business Day of the delivery
Allowances acceptable for delivery are those designated as U.S. EPA
CSAPR TR NOx Ozone Season Trading Program Allowances as promulgated
under CSAPR having a vintage corresponding to the specified vintage
and allowances having a vintage of any year prior to the specified
If the specified vintage year allowances do not exist in the
allowance tracking system at contract expiry, allowances of any
prior vintage year or allowances of the earliest vintage year
available in the allowance tracking system shall be delivered.
Applicable for contracts with a 2015 vintage designation,
allowances deliverable are only those having a 2015 vintage.