CBL California Carbon Allowance Vintage-Specific 2023
Futures
CBL California Carbon Allowance Vintage-Specific Futures 2023 - Contract Specs
| Contract Unit | 1,000 California Carbon Allowance (CCA) |
|---|---|
| Price Quotation | U.S. Dollars and cents per allowance. |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday 4:00 p.m. - 5:00 p.m. CT |
| Minimum Price Fluctuation | 0.01 per allowance = $10.00 per contract |
| Product Code | CME Globex: CC3 CME ClearPort: CC3 Clearing: CC3 |
| Listed Contracts | Monthly contracts listed through an including the December 2025 contract. |
| Settlement Method | Deliverable |
| Termination of Trading | Trading terminates 3 business days prior to the last business day of the contract month. |
| Settlement Procedures | Deliverable |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Delivery Procedure | Delivery shall take place on the third business day after the final day of trading. Should the Compliance Instrument Tracking System Service (CITSS) be inoperable during the Delivery Period due to periodic maintenance that is an Exchange business day, the Exchange shall have the option to extend the Delivery Period to the next valid business day at the Registry and Exchange. |
