ICE Regional Greenhouse Gas Initiative Allowance Auction Clearing Price

The Regional Greenhouse Gas Initiative (RGGI) Allowance Auction Clearing Price contract is a cleared market for RGGI futures contracts at a premium or discount to the Clearing Price as published in the RGGI Inc. Market Monitor Report of the respective RGGI Auction.
== Contract Specs ==
Regional Greenhouse Gas Initiative Allowance Auction Clearing Price	Regional Greenhouse Gas Initiative Allowance Auction Clearing Price 	Regional Greenhouse Gas Initiative Allowance Auction Clearing Price 	Regional Greenhouse Gas Initiative Allowance Auction Clearing Price
Trading Screen Product Name 	RGGI ACP Futures 	RGGI ACP Futures 	RGGI ACP Futures
Trading Screen Hub Name 	RGGI 	RGGI 	RGGI
Contract Symbol 	RCP 	RCP 	RCP
Settlement Method 	1 RCP contract exercises into an eligible Regional Greenhouse Gas Initiative futures contract 	1 RCP contract exercises into an eligible Regional Greenhouse Gas Initiative futures contract 	1 RCP contract exercises into an eligible Regional Greenhouse Gas Initiative futures contract
Contract Size 	1 Regional Greenhouse Gas Initiative futures contract 	1 Regional Greenhouse Gas Initiative futures contract 	1 Regional Greenhouse Gas Initiative futures contract
Currency 	USD 	USD 	USD
Minimum Price Fluctuation 	The price quotation convention shall be One cent ($0.01) per RGGI CO2 Allowance; Price may be positive or negative; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18. 	The price quotation convention shall be One cent ($0.01) per RGGI CO2 Allowance; Price may be positive or negative; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18. 	The price quotation convention shall be One cent ($0.01) per RGGI CO2 Allowance; Price may be positive or negative; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
Listing Cycle 	The exchange may list contracts for trade on the standard listing cycle of March, June, September and December out two years. The Exchange may list any other calendar month contract sets off the standard-cycle listing schedule. 	The exchange may list contracts for trade on the standard listing cycle of March, June, September and December out two years. The Exchange may list any other calendar month contract sets off the standard-cycle listing schedule. 	The exchange may list contracts for trade on the standard listing cycle of March, June, September and December out two years. The Exchange may list any other calendar month contract sets off the standard-cycle listing schedule.
Last Trading Day 	Trading shall cease at 10:00 a.m. (EPT) on the day on which the Market Monitor Report for the specified auction is scheduled to be released. In the event that no Market Monitor Report is scheduled to be released, the Last Trading Day will be determined by the Exchange in accordance with its Rules. 	Trading shall cease at 10:00 a.m. (EPT) on the day on which the Market Monitor Report for the specified auction is scheduled to be released. In the event that no Market Monitor Report is scheduled to be released, the Last Trading Day will be determined by the Exchange in accordance with its Rules. 	Trading shall cease at 10:00 a.m. (EPT) on the day on which the Market Monitor Report for the specified auction is scheduled to be released. In the event that no Market Monitor Report is scheduled to be released, the Last Trading Day will be determined by the Exchange in accordance with its Rules.
Deliverable Instruments 	All parties with open positions at expiry will establish equivalent long or short futures positions in the eligible RGGI futures contract on the Final Settlement Day. The eligible RGGI futures contract is the futures contract with a vintage equal to the current calendar year and an expiry month of the month the auction is held. Open positions in the eligible RGGI futures contract shall be priced at the respective Auction Clearing Price as published by RGGI Inc. in the Market Monitor Report. In the instance that an auction is cancelled or no Auction Clearing Price is published, an alternative settlement shall be determined by the Exchange.	All parties with open positions at expiry will establish equivalent long or short futures positions in the eligible RGGI futures contract on the Final Settlement Day. The eligible RGGI futures contract is the futures contract with a vintage equal to the current calendar year and an expiry month of the month the auction is held. Open positions in the eligible RGGI futures contract shall be priced at the respective Auction Clearing Price as published by RGGI Inc. in the Market Monitor Report. In the instance that an auction is cancelled or no Auction Clearing Price is published, an alternative settlement shall be determined by the Exchange.	All parties with open positions at expiry will establish equivalent long or short futures positions in the eligible RGGI futures contract on the Final Settlement Day. The eligible RGGI futures contract is the futures contract with a vintage equal to the current calendar year and an expiry month of the month the auction is held. Open positions in the eligible RGGI futures contract shall be priced at the respective Auction Clearing Price as published by RGGI Inc. in the Market Monitor Report. In the instance that an auction is cancelled or no Auction Clearing Price is published, an alternative settlement shall be determined by the Exchange.
Final Settlement 	Final Settlement Day will be equal to the Last Trading Day. 	Final Settlement Day will be equal to the Last Trading Day. 	Final Settlement Day will be equal to the Last Trading Day.
MIC Code 	IFED 	IFED 	IFED
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	7:50 PM - 6:00 PM
19:50 - 18:00 	7:40 PM
19:40
Trading Hours 	LONDON 	12:50 AM - 11:00 PM
00:50 - 23:00 	12:40 AM
00:40
Trading Hours 	SINGAPORE 	7:50 AM - 6:00 AM
07:50 - 06:00 	7:40 AM
07:40
Trading Hours 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday
Codes 	Clearing Admin Name 	RGGI 	RGGI
Codes 	Physical 	RCP 	RCP
Codes 	Logical 	RCP 	RCP
Codes 	GMI (FC) 	L# 	L#
Codes 	ION A.C.N. 	None 	None
== Notes ==
== References ==
Category:Sponsored Pages
Category:Sponsored Pages - ICE
Category:Reserved Pages
Category:Reserved Pages - ICE
Category:US Environmental Futures
Category:Futures Contracts Traded on ICE
Category:Futures Data in Template