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 detailshttps://www.theice.com/publicdocs/circulars/09045.pdf

 

i.)                  EUA Serial Options:  https://www.theice.com/publicdocs/circulars/09045%20attach%201.pdf

 

ii.)                CER Serial Options:   https://www.theice.com/publicdocs/circulars/09045%20attach%202.pdf

 

 

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

sara.stahl@ecx.eu  

 

 

ICE

Jason Pegley

Head of Utility Markets

+44 (0) 20 7065 7743

jason.pegley@theice.com

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