EMEA > ICE extends fee holiday for daily EUA future spread trades

ICE extends fee holiday for daily EUA future spread trades

Published 23:43 on March 8, 2016  /  Last updated at 23:43 on March 8, 2016  /  EMEA, EU ETS

Market operator ICE Futures Europe is extending its fee holiday for trades that involve the bourse’s daily EUA futures, it said on Tuesday.

Market operator ICE Futures Europe is extending its fee holiday for trades that involve the bourse’s daily EUA futures, it said on Tuesday.

The programme, which was introduced to help draw activity to the exchange’s spot contract, was due to expire at the end of March.

It will now continue until at least the end of 2016, ICE said in a circular.

Under the initiative, which is open to all ICE members, the bourse waives the fee on the daily futures leg of any EUA spread trade that includes the prompt contract.

It applies to the following spreads:

  • EUA Daily Future-EUA Apr-16 Future
  • EUA Daily Future-EUA May-16 Future
  • EUA Daily Future-EUA Jun-16 Future
  • EUA Daily Future-EUA Dec-16 Future
  • EUA Daily Future-EUA Mar-17 Future
  • EUA Daily Future-EUA Dec-17 Future
  • EUA Daily Future-EUA Dec-18 Future
  • EUA Daily Future-EUA Dec-19 Future
  • EUA Daily Future-EUA Dec-20 Future

By Mike Szabo – mike@carbon-pulse.com