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Commodities Briefing - Categorized | Commodities Exchanges, Environmental Trading more

Carbon trading soars in 2008 at ECX and CCFE

Posted on 15 January 2009

From Fointelligence.com: Climate Exchange, owner of two leading carbon trading exchanges, said volume at its European Climate Exchange subsidiary rose 171% in 2008, while its Chicago Climate Futures Exchange unit reported new daily and annual records as well.

ECX volume in 2008 hit 2.8m contracts, up from 1.03m in 2007. Average daily volume on the top carbon exchange in the European Union Emissions Trading Scheme was 10,900 contracts, up from 4,040. Over the last six months of the year, ECX volumes rose 185% to 1.7m contracts….. Full Article: Source


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