- Trading Screen Product Name
- CSAPR NOx Futures
- Trading Screen Hub Name
- CSAPR NOx Ozone V16
- Commodity Code
NOO: Vintage 2016
- Settlement Method
Exercise into Underlying Futures Contract
- Contract Size
1 Cross State Air Pollution Rule TR NOx Ozone Season Trading
Program Allowances Futures
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per metric
ton; 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: Annual December for the
current year and forward three years.
2. The Exchange may list any other calendar month contract sets off
the standard-cycle listing schedule through the last expiring
- Last Trading Day
At 4:00 pm 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.
- Strike Price Intervals
A minimum of ten Strike Prices in increments of $0.25 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 $0.25 increments.
- Option Style
- Exercise Method
- Exercise Procedure
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