February Highlights:
- Monthly volumes reached a new all time high of 447 Mt, surpassing the previous record of 412 Mt in October 2008 (which had 3 extra trading days). The monthly volumes are over 3 times the levels traded in February 2008
- Two consecutive daily volumes records were set on 18th and 19th February with 39.3 Mt and 41.6 Mt contracts traded on the respective days. Average daily volumes in February were in excess of 22 Mt (22,000 lots)
- Prices saw further downward pressure with high volatility on the individual contracts. Additionally there has been noticeable volatility in the EUA/CER spread during the month, ranging from 1.28 to 0.30.
- Open interest continued its steady growth, with the combined EUA & CER futures and options total now standing at 451,705 contracts
- The new T+1 contracts will be launched on 13th March - considerable interest has been shown from across the trading community. Anybody requiring further information, please call the ECX team at +44 207 382 7800
Click here for the complete monthly report.
