- Trading Screen Product Name
- OCA Futures
- Trading Screen Hub Name
- OCA V17
- Commodity Code
OC7 Vintage 2017
- Settlement Method
Exercise into Underlying Futures Contract
- Contract Size
1 Ontario Carbon Allowance Future Contract
- Minimum Price Fluctuation
The price quotation convention shall be One tenth of one CAD cent
($0.001) per Carbon Emissions Allowances; minimum price fluctuation
may vary by trade type. Please see Table in Resolution 1 to this
- 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
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.
- Deliverable Instruments
The deliverable instruments are Ontario Carbon Allowances equal to
the contract size delivered through the Compliance Instrument
Tracking System Service (CITSS).
Ontario Carbon Allowances acceptable for delivery are those having
a vintage corresponding to the specified vintage year.
Ontario Carbon Allowances acceptable must be able to be delivered
into CITSS accounts registered in Ontario.
- Option Style
- 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