- Trading Screen Product Name
- RGGI Futures
- Trading Screen Hub Name
- RGGI V23
- Contract Symbol
RJ3 Vintage 2023
- Settlement Method
- Contract Size
1,000 RGGI CO2 Allowances
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per RGGI
CO2 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
The last weekday of December is not considered a Business Day,
unless otherwise determined and announced by the Exchange.
- Deliverable Instruments
The deliverable instruments are RGGI CO2 Allowances equal to the
contract size delivered through the RGGI CO2 Allowance Tracking
1. Contracts with a control period specific vintage: RGGI CO2
Allowances acceptable for delivery are those having a vintage
usable for compliance in the control period associated with the
calendar year of the contract expiration or RGGI CO2 Allowances
having a vintage usable for compliance in any prior control period.
2. For vintages 2009, 2010, 2011, and 2012: RGGI CO2 Allowances
acceptable for delivery are RGGI CO2 Allowances having a vintage
corresponding to the specified vintage-year.
For Vintage 2013 and later vintages, RGGI CO2 Allowances acceptable
for delivery are RGGI CO2 Allowances having a vintage corresponding
to the specified vintage-year and allowances having a vintage of
any year prior to the specified vintage-year.
- MIC Code
- Clearing Venues