Jul
2
ECX Monthly Report And EUA & CER Volumes - June 2009
Filed Under Carbon Market, Carbon Trading, Certified Emission Reductions (CERs), EU ETS, EUAs | Leave a Comment
TRADING VOLUMES: June saw continued strong activity in the market with 463,149 contracts traded – the third highest month on record on ECX. Average Daily Volume surpassed 21,000 contracts, representing a 57% year-on-year increase.
DAILY FUTURES: Trading volumes in the EUA and CER Daily Futures really woke up during June, an average of 352,000 tonnes traded per day over the month with the high of 778,000 tonnes on 23rd June.
OPEN INTEREST: The number of open positions in ECX futures and options continues to grow and currently stands at 674,675 lots, an increase of almost 10% over the course of the month. Read more
Jun
29
CME Group Announces the Launch of New Sulfur Dioxide Futures and Options Contracts
Filed Under Carbon Futures, Sulfur Dioxide Futures Options | Leave a Comment
CME Group, the world’s largest and most diverse derivatives exchange, today announced the launch of its new sulfur dioxide (SO2) emission 25-allowance futures and options contracts. The futures contract will be available for clearing through CME ClearPort®, a set of flexible clearing services open to over the counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes, beginning July 12 for trade date July 13. The futures contract will also be available for trading through CME ClearPort. The options contract will be available for trading on the New York trading floor beginning on July 13 for trade date July 14. These contracts are listed by NYMEX and are subject to NYMEX rules and regulations. Read more
Jun
27
EcoSecurities Registers the Largest Project Under the Gold Standard
Filed Under Cap and Trade, Carbon Credits, Carbon Market, Carbon Offsets, Carbon allowances | Leave a Comment
EcoSecurities, a leading company in the business of sourcing, developing, and trading carbon credits from greenhouse gas emission reduction projects, announces the registration of the Rotor Elektrik Uretim wind farm in Osmaniye, Turkey, under the Gold Standard in May 2009.Zorlu Enerji has constructed the first phase of the project, which currently has 15 turbines in place. The wind farm will become operational in the next few weeks and has an installed capacity of 37.5 MW. During the course of this year and into 2010 a further 29 wind turbines will be installed resulting in 54 wind turbines in total, with an installed capacity of 135 MW, saving around 300,000 tonnes of carbon dioxide (CO2) per year. Read more
Jun
27
CME Group Announces European Union Allowance and Certified Emission Reduction Futures on CME Globex(R)
Filed Under Carbon Futures, Carbon Trading, Certified Emission Reductions (CERs), EU ETS, EUAs | Leave a Comment
CME Group, the world’s largest and most diverse derivatives exchange, today announced that its new In Delivery Month European Union Allowance (EUA) and Certified Emission Reduction (CER) futures contracts will be available for trading on CME Globex beginning on July 11 for trade date July 13. These contracts are listed for trading by NYMEX and are subject to NYMEX rules and regulations.Last week CME Group announced that these contracts would be available on the New York trading floor and through CME ClearPort(R), a set of flexible clearing services open to over the counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes.
The new contracts and their commodity codes will be in delivery month EUA futures (EAF) and in delivery month CER futures (CRE). The first listed month will be September 2009. Read more