EU Carbon Emission Allowances (EUA) futures

Deliverable contracts where each Clearing Member with a position open at cessation of trading for a contract month is obliged to make or take delivery of Carbon Emission Allowances to or from the Union Registry in accordance with the ICE Futures Europe Regulations. Unit of Trading: one lot of 1,000 Carbon Emission Allowances or EUA. Each EUA being an entitlement to emit one tonne of carbon dioxide equivalent gas. Quotation: Euro (€) and Euro cent (c) per metric tonne. (ICE)