CBL Global Emissions Offset Futures - Contract Specs
| Contract Unit | 1000 environmental offsets |
|---|---|
| Price Quotation | U.S. dollars and cents per environmental offset |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) CME ClearPort: Sunday 6:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. - 6:00 p.m. CT |
| Minimum Price Fluctuation | 0.01 per environmental offset = $10.00 |
| Product Code | CME Globex: GEO CME ClearPort: GEO Clearing: GEO |
| Listed Contracts | Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year. |
| Settlement Method | Deliverable |
| Floating Price | The floating price is equal to CBL Global Emissions Offset spot price |
| Termination of Trading | Trading terminates 3 business days prior to the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
