CME NYMEX: GEO CBL Global Emissions Offset Futures prices chart

CBL Global Emissions Offset Futures (CME NYMEX: GEO) Contract Specifications

CBL Global Emissions Offset (GEO) futures, a near-term carbon offset solution, provide delivery of physical carbon offset credits that have undergone stringent screening. This contract helps the global market base access standardized and validated instruments for the emerging voluntary emissions market.

Product Code: CME Globex: GEO, CME ClearPort: GEO, Clearing: GEO

Contract Unit: 1000 environmental offsets
Price Quotation: U.S. dollars and cents per environmental offset
Minimum Price Fluctuation: 0.01 per environmental offset = $10.00
Settlement Method: Deliverable

Listed Contracts: Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.

Floating Price: The floating price is equal to CBL Global Emissions Offset spot price

Termination of Trading: Trading terminates 3 business days prior to the last business day of the contract month.

Trading Hours:
(1) CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
(2) CME ClearPort: Sunday 6:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT