...
| Table of Contents | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Setting up Carbon Future Symbol and Market
To set up a Carbon Future Symbol and Market, take the following steps:
...
| Info |
|---|
If you have a market data feed for this then that will need to be configured using the market data integration and you will need to consult with our Account Manager on getting it configured |
...
Creating a Carbon Future
To create a Carbon Future, take the following steps:
...
| Info |
|---|
If Market data does not populate in the Exposure tab, ensure the Commodity Market (‘ICE Commodity' in the example above) is set under CFGCommodityMarket |
Tracking Exposure and Linking
In your Trading Profile, select the market that you created as the Commodity market
...
If you want to just see your EUA Futures, you can create a Trading Filter and filter on just the Commodity Trade contract type
Be sure to include the Exposure Tons value in the fields to show, as this is where the contract tons will be displayed
You can see the EUA Future Exposure under the Commodity Contract Type
...
Linking EUA Future to a Cargo Contract
If the EUA Future was transacted to hedge a specific contract or multiple specific contracts, you can link it to those contracts using the Linked Trades workflow, similar to linking Bunker Swaps. To do so, take the following steps:
In the Cargo Contract, under the Linked Trades grid, select the EUA Future you want to link
Set the period and the quantity
Save the contract
When the contract is fixed, you will now see the unrealized and eventually settlement amount for the trade on the Voyage P&L. You will also be able to see this in the Linked Trades grid on the EUA Contract as well and report on it in the Linked Trades table
...
Settling As Allowance
| Info |
|---|
Requires the CFGEnableCO2Exposure flag to be enabled. |
...
The Settlement Grid displays a row for the settlement period. If there are multiple months, then it will display multiple rows.
The Period column displays the period that can be settled
The Settlement Rate pulls from the Price
The Days/Qty column will pull from the Quantity
The Invoice No. column will be renamed to "Allowance ID. “
The P&L will display the difference between the contract rate and the market rate on the last pricing day of the period
Create Allowance/See Allowance Details
You can right-click on the row to "Create Allowance“ if no allowance has been created. When an allowance is already created, you can right-click "See Allowance Details.”
...