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
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
Jun
19
Introduction of the ICE Futures ECX EUA and CER Serial Option Contracts
Filed Under Carbon Derivatives, Carbon Futures, Carbon Trading, Certified Emission Reductions (CERs), EUAs | Leave a Comment
Introduction of the ICE Futures ECX EUA and CER Serial Option Contracts (“the Serial Options”) and reduction of
strike price increments to €0.50
ECX and ICE Futures Europe are pleased to announce the introduction of Serial Options for ICE ECX EUA and CER Options, with effect from 10 July 2009. At the same time, the strike price increments for ICE ECX EUA and CER Options will be reduced from €1.00 to €0.50.
The Serial Options have been designed such that additional option contract months will be introduced, all of which will expire into the December Futures contract of the equivalent year. Alongside the December option contracts, which are already listed, the additional option contract months listed will be March, June & September out to the end of the subsequent year. Read more
May
8
How will carbon exchanges shake out?
Filed Under Carbon Derivatives, Carbon Finance, Carbon Futures, Carbon Markets & Exchanges, Carbon Trading | 1 Comment
There is no question that the carbon market is booming, and will likely continue to boom. All this money has brought new entrants into the market to make markets for the trading of carbon futures and derivatives. As with any competitive business, there will be winners and there will be losers.
So here is an interesting article discussing the inevitable shake out that will happen with the carbon exchanges.