- Trading Screen Product Name
- NGX AEO Futures
- Trading Screen Hub Name
- AEO V19
- Contract Symbol
AOC
- Settlement Method
Physical Settlement
- Contract Size
1,000 Offsets
- Currency
CAD
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per
Offset; minimum price fluctuation may vary by trade type.
- 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
The last business day of the Contract Expiry Month
- Deliverable Instruments
Only Emission Offsets and Sequestration Credits (as defined in the
TIER Regulation) with a usable life expiring on the same date as
the usable life of the specified vintage of the contract or longer
are acceptable for delivery.
Emission Offsets generated under Non-Deliverable Quantification
Protocols, as specfied in the ICE NGX Contracting Party Agreement,
are not acceptable for delivery.
- Daily Settlement
Daily settlement will be determined by Intercontinental Exchange,
Inc. using price data from a number of sources including spot,
forward, and derivative markets for both physical and financial
products.
- Final Settlement
Final settlement will be determined by the actual Fixed Price
entered into at time of transaction.
- Settlement
1:45pm - 2:00pm MT
- Final Payment Date
20th calendar day of the Settlement Month
- Registry
Alberta Emissions Offset Registry (AEOR)
- Settlement Month
The month following the Contract Expiry Month
- Seller Delivery Deadline
5th business day in the Settlement Month
- Buyer Delivery Deadline
10th business day in the Settlement Month
- MIC Code
- NGXC
- Clearing Venues
- NGXC