- Trading Screen Product Name
- Oregon CFP Futures
- Trading Screen Hub Name
- OR CFP
- Contract Symbol
OCP
- Contract Size
100 metric tons
- Unit of Trading
100 CFP Credits (where 1 CFP Credit is 1 metric ton)
- Currency
US Dollars and cents
- Trading Price Quotation
$0.25 per CFP Credit
- Minimum Price Fluctuation
The price quotation convention shall be twenty-five cents ($0.25)
per CFP Credit; minimum price fluctuation may vary by trade type.
- Listing Cycle
Up to 72 consecutive months.
- Last Trading Day
Three US business days prior to the last US business day of the
delivery month.
- Exchange Delivery Settlement Price
In respect of final settlement, the price will be a price in USD
and cents per CFP Credit based on the Daily Settlement Price
determined by the Exchange on the Last Trading Day.
- Deliverable Instruments
The deliverable instruments are CFP Credits equal to the contract
size delivered through the Oregon Fuels Reporting System CFP
Reporting Tool operated by the Oregon Department of Environmental
Quality. CFP Credits eligible for delivery are those specified
under Oregon SB 324 and Oregon Administrative Rules Chapter 340
Division 253 (the CFP rule).
- Delivery Period
Delivery shall commence be made in accordance with Part N of the
ICE Clear Europe Delivery Procedures and the applicable provisions
of Exchange Rulebook Chapter 19, or as otherwise announced by the
Exchange and/or the Clearing Organization.
- Registry
Oregon Fuels Reporting System CFP Reporting Tool operated by the
Oregon Department of Environmental Quality.
- MIC Code
- IFED
- Clearing Venues
- ICEU