Jun
19
Introduction of the ICE Futures ECX EUA and CER Serial Option Contracts
Filed Under Carbon Derivatives, Carbon Futures, Carbon Trading, Certified Emission Reductions (CERs), EUAs
Introduction of the ICE Futures ECX EUA and CER Serial Option Contracts (“the Serial Options”) and reduction of
strike price increments to €0.50
ECX and ICE Futures Europe are pleased to announce the introduction of Serial Options for ICE ECX EUA and CER Options, with effect from 10 July 2009. At the same time, the strike price increments for ICE ECX EUA and CER Options will be reduced from €1.00 to €0.50.
The Serial Options have been designed such that additional option contract months will be introduced, all of which will expire into the December Futures contract of the equivalent year. Alongside the December option contracts, which are already listed, the additional option contract months listed will be March, June & September out to the end of the subsequent year.
Please read the ICE Futures Circular for full details; https://www.theice.com/
i.) EUA Serial Options: https://www.theice.com/
ii.) CER Serial Options: https://www.theice.com/
Please ensure that the appropriate staff within your organisation and relevant customers are advised of the content of this notice.
For more information please contact:
ECX
Sara Stahl
Director Market Development
+44 (0) 20 7382 7804
ICE
Jason Pegley
Head of Utility Markets
+44 (0) 20 7065 7743