Regional Greenhouse Gas Initiative Vintage 2018 Future55410815
ICE Futures U.S.
Regional Greenhouse Gas Initiative Vintage 2018 Future
Description
Monthly physically delivered contract on Regional Greenhouse Gas Initiative ("RGGI") CO2 allowances ("RGGI CO2 Allowances").
Market Specifications
- Trading Screen Product Name
- RGGI Futures
- Trading Screen Hub Name
- RGGI V18
- Contract Symbol
- RGQ
- Settlement Method
- Physical delivery
- Contract Size
- 1,000 RGGI CO2 Allowances
- Currency
- USD
- 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. Standard-cycle contract listings: a. Monthly contract sets for the current and coming calendar year; b. December contracts for up to forward 5 years.
2. The Exchange may list any other calendar month contract set off the standard-cycle listing schedule through the last annual December contract set. - Last Trading Day
- Three Business Days prior to the last Business Day of the delivery month
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 System (“RGGI-COATS”).
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. - Registry
- RGGI-COATS
- MIC Code
- IFED
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 7:50 AM - 6:00 AM* 07:50 - 06:00 | 7:40 AM 07:40 |
*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- RGGI
- Physical
- RGQ
- Logical
- RGQ
- GMI (FC)
- C)
- ION A.C.N.
- Symbol Code
- RGQ