|
Margin Parameters
Chicago Climate Futures -- Effective May 2, 2008
Chicago Climate Futures Exchange Margin Rates
|
CCFE Margin
Rates
|
Interval
|
Extreme
Move
|
Extreme
Coverage
|
|
Carbon
Financial Instrument
|
$175
|
$525
|
32%
|
|
Certified
Emissions Reduction
|
$1,400
|
$4,200
|
32%
|
|
ECO
Clean Energy Index
|
$750
|
$2,250
|
32%
|
|
European
Carbon Financial Instruments (ECFI) up to December 2008 Expiration
Month
|
$275
|
$825
|
32%
|
|
European
Carbon Financial Instruments (ECFI) up to December 2008
|
$185
|
$555
|
32%
|
|
European
Carbon Financial Instruments (ECFI), December 2008 thru December 2012 Expiration
Month
|
$3,375
|
$10,125
|
32%
|
|
European
Carbon Financial Instruments (ECFI) December 2008 thru December 2012
|
$2,250
|
$6,750
|
32%
|
|
Nitrogen
Financial Instrument (Annual) NFI-A Expiration Month
|
$350
|
$1,050
|
32%
|
|
Nitrogen
Financial Instrument (Annual) NFI-A
|
$350
|
$1,050
|
32%
|
|
Nitrogen
Financial Instruments (Ozone Season) NFI-OS Expiration Month
|
$225
|
$675
|
32%
|
|
Nitrogen
Financial Instruments (Ozone Season) NFI-OS
|
$225
|
$675
|
32%
|
|
Sulfur Dioxide Pre December
2010 - Expiration Month
|
$1,500
|
$4,500
|
32%
|
|
Sulfur Dioxide Pre December
2010
|
$1,000
|
$3,000
|
32%
|
|
Sulfur Dioxide post December
2010 & Later – Expiration Month
|
$975
|
$2,925
|
32%
|
|
Sulfur Dioxide post December
2010 & Later
|
$650
|
$1,950
|
32%
|
Chicago Climate Futures Exchange – Intra Commodity Spread
Credits
|
CCFE
Intra-Commodity Spread Credit Rates
|
Spread
Margin
%
|
Spread
Savings
%
|
|
Sulfur
Financial Instrument (SFI) Futures Vintages
|
25%
|
75%
|
|
Carbon
Financial Instrument
|
None
|
None
|
|
Certified
Emissions Reduction
|
None
|
None
|
|
ECO
Clean Energy Index
|
None
|
None
|
|
European
Carbon Financial Instruments (ECFI)
|
None
|
None
|
|
Nitrogen
Financial Instrument Annual (NFI-A) Futures Vintages
|
25%
|
75%
|
|
Nitrogen
Financial Instrument (NFI-OS) Futures Vintages
|
25%
|
75%
|
|
