EUA Futures - Delivery & Settlement

The flow diagram below shows the fully automatic delivery mechanism of ICE ECX EUA Futures Contacts and how it interacts with national registries and the clearing house. The delivery period is three days (T+3) after the contract’s expiry date (included in the downloadable attachment at the bottom of this page).

EU Allowances are held in dematerialised form in national registries of the EU Member States connected to the CITL (Community Independent Transaction Log i.e. the EU Umbrella Registry connecting all the 27 national registries together and tracking all movements of EUAs). The accounts in the flow diagram refer to the national registry account in the EU Member State where the buyer/ seller wish to make/ take delivery.

1. Click here to download