- Average trading volume in December remained healthy despite the drop-off during the holiday period – average daily volumes in EUA and CER futures and options on ECX were 9 Mt (9,026 lots).
- 2008 was a tremendous year of growth for the carbon market and for ECX, with a total of 2.81 billion tonnes traded through the exchange, representing a 170% year-on-year increase. Average daily volume for all contracts in 2008 was nearly 11 Mt.
- The EUA and CER December 2008 futures contracts expired on 15th December. ICE Clear, the new clearing house for ICE products since November, successfully handled a combined total of 117,742 lots of open interest going to physical delivery at the UK Registry.
- A high proportion of futures positions went to expiry: 99,798 contracts in EUAs, from a peak in open interest of over 120,000 contracts in October this year; and 17,944 contracts in CERs, from a high of over 24,000 in September. Total open interest stands at over 356 Mt CO2, up from176 Mt at the end of 2007.
- ECX thanks all market participants for their ongoing support, and wishes all a very happy and prosperous 2009.
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