|
VOLUME 28 – BULLETIN #015
TO:
|
ALL CLEARING PARTICIPANTS
|
FROM:
|
CLIENT SERVICES AND SUPPORT
|
DATE:
|
March 7, 2008
|
SUBJECT:
|
Chicago Climate Futures Exchange Delivery, Final Settlement, and Option Expiration Dates for March 2008 Contracts
|
Listed below are the relevant delivery and expiration dates for the Chicago Climate Futures Exchange March 2008 contracts.
|
|
|
|
|
|
|
Delivery Dates
|
Product Group
|
First Position
|
First Notice
|
First Delivery
|
Last Trade
|
Last Notice
|
Last Delivery
|
Sulfur Dioxide SFI
|
Mar 17
|
Mar 18
|
Mar 19
|
Mar 31
|
Apr 1
|
Apr 2
|
Nitrogen NFI
|
Mar 18
|
Mar 19
|
Mar 20
|
Mar 27
|
Mar 28
|
Mar 31
|
Carbon CFI
|
Apr 1
|
Apr 2
|
Apr 3
|
Mar 31
|
Apr 2
|
Apr 3
|
Nitrogen NFI-Annuals
|
Mar 18
|
Mar 19
|
Mar 20
|
Mar 27
|
Mar 28
|
Mar 31
|
To help promote error free delivery processing, the Clearing Corporation requires all tender quantities be confirmed before the tender record will be included in delivery processing for assignment. The confirmation is performed using the Tender Confirmation screen in OTIS®. Clearing Participants are reminded of the importance of verifying this information before confirming their tender records.
|
|
|
Option Expiration Dates
|
Product
|
Code
|
Expiration
|
Sulfur Dioxide
|
KS
|
Mar 13
|
Carbon Financial Instrument
|
WC
|
Mar 27
|
The deadline to submit at the money, out of the money exercise requests and cancellation of in the money exercises is 5:00 p.m. on expiration day. Clearing Participants that need to verify their authorization code for special exercise requests should contact CSS. All exercise activity is performed using the Option Exercise Entry and Option Exercise Inquiry selections in Position Management.
|
|
|
|
Cash Settle/Expiration Dates
|
Product
|
Code
|
Last Trade
|
Cash Settle / Expiration
|
CER – Certified Emissions
|
WR
|
Mar 31
|
Mar 31
|
ECFI – European Carbon Financial Instrument
|
KE
|
Mar 31
|
Mar 31
|
ECO – Clean Energy Index
|
WE
|
Mar 19
|
Mar 20
|
CCorp will expire all positions on last trading day.
Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
| 
Print
This Page