Jun
29
CME Group Announces the Launch of New Sulfur Dioxide Futures and Options Contracts
Filed Under Carbon Futures, Sulfur Dioxide Futures Options | Leave a Comment
CME Group, the world’s largest and most diverse derivatives exchange, today announced the launch of its new sulfur dioxide (SO2) emission 25-allowance futures and options contracts. The futures contract will be available for clearing through CME ClearPort®, a set of flexible clearing services open to over the counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes, beginning July 12 for trade date July 13. The futures contract will also be available for trading through CME ClearPort. The options contract will be available for trading on the New York trading floor beginning on July 13 for trade date July 14. These contracts are listed by NYMEX and are subject to NYMEX rules and regulations. Read more
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