SPOT MARKET

spotted butterfly representing the spot market

SPOT EUA

BlueNext is the leading spot exchange in the world for European Union Allowances (EUAs).

Contract BlueNext Spot EUA 2008-2012
Mnemonic Code EUA
Underlying European Union Allowance 2008-2012 issued by the member states according to a national allocation plan
Price Tick 0.01 €/t
Minimum Price 0.01 €/t
Volume Tick 1,000 tons (central market) and 1 ton (OTC registration system)
Minimum Volume 1,000 tons (central market) and 1 ton (OTC registration system)
Trading System Continuous through Global Vision (Trayport)
Trading Hours 8:00 am to 6:00 pm (UTC+1) on the central market from Monday to Friday
8:00 am to 6:30 pm (UTC+1) on the OTC registration system from Monday to Friday
Delivery Place French registry interfacing with the delivery vs. payment scheme
Delivery & Settlement Delivery and Settlement operated by BlueNext in real time.
Delivery consists of the transfer of the Underlying from the seller’s account to the buyer’s account via BlueNext transit account in the French registry for EUA.