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
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
Mar
14
ECX Launches Daily Futures Contract Today
Filed Under Carbon Markets & Exchanges, Carbon Trading, Certified Emission Reductions (CERs), ECX, EUAs, European Climate Exchange | Leave a Comment
Today, 13 March 2009, is the first day of trading of ECX’s spot-like contracts, the EUA and CER Daily Futures contracts, listed for trading on ICE Future Europe’s electronic trading platform. EUA Daily Futures contracts (’Spot’ ), or simply EUA daily futures, are exchange-traded cash contracts. Daily Futures Contracts will be physically delivered by the transfer of EU Allowances from the Seller to the Buyer. The newly launched (13 March 2009) EUA Daily Futures contract provides additional flexibility for companies active in carbon markets to manage risk and monetise their allowances. In contrast to the traditional EUA Futures contract, the EUA Daily Futures offers next-day payment and delivery of the underlying unit of trade (EUA). Click here to check CERs that are eligible / ineligible for delivery on ECX. Read more