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VOLUME 28 – BULLETIN #024
TO:
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ALL CLEARING PARTICIPANTS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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April 8, 2008
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SUBJECT:
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Chicago Climate Futures Exchange Delivery, Final Settlement, and Option Expiration Dates for April 2008 Contracts
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Listed below are the relevant delivery and expiration dates for the Chicago Climate Futures Exchange April 2008 contracts.
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Delivery Dates
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Product Group
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First Position
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First Notice
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First Delivery
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Last Trade
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Last Notice
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Last Delivery
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Sulfur Dioxide SFI
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Apr 17
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Apr 18
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Apr 21
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Apr 30
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May 1
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May 2
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Nitrogen NFI
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Apr 18
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Apr 21
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Apr 22
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Apr 28
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Apr 29
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Apr 30
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Carbon CFI
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May 1
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May 2
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May 5
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Apr 30
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May 2
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May 5
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Nitrogen NFI-Annuals
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Apr 18
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Apr 21
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Apr22
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Apr 28
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Apr 29
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Apr 30
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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.
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Option Expiration Dates
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Product / Product Group
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Expiration
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Sulfur Dioxide
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Apr 15
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Carbon Financial Instrument
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Apr 28
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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.
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Cash Settle/Expiration Dates
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Product / Product Group
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Last Trade
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Cash Settle / Expiration
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CER – Certified Emissions Futures
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Apr 28
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Apr 28
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ECFI – European Carbon Financial Instrument Futures
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Apr 28
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Apr 28
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ECO – Clean Energy Index
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N/A
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N/A
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The Clearing Corporation 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:
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