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VOLUME AND OPEN INTEREST
GreenX volumes continued to rise in February with a total of 36.5 million tonnes of CO2 traded, representing a 22% increase over February 2011 volume. EUA futures and options made up approximately 90% of the volume while CERs comprised the remaining 10%. Open Interest on GreenX remained stable at 88,590 contracts. Total annual volume for GreenX now stands at 68,105 contracts, marking a 15% growth over the same period in 2011.
GREENX ANNOUNCES INTENTION TO LIST AVIATION ALLOWANCES
GreenX announced its intention to list futures contracts on European Union Aviation Allowances (EUAAs) for trade date April 2, 2012. The contract will serve as a compliance and risk management tool for the aviation sector, included in the EU Emissions Trading Scheme from 2012. The contract has been developed in close consultation with market participants and will be listed for electronic trading on CME Globex and for submission for clearing via CME ClearPort.
IMPLIED FUNCTIONALITY ENABLED ON GREENX INTERCOMMODITY SPREADS
Effective Sunday, March 11, 2012, implied functionality will be enabled for GreenX intercommodity spreads. Implied functionality for GreenX intercommodity spreads was made available in New Release for customer testing Monday, February 27.
ADDITIONAL CALENDAR SPREADS LISTINGS FOR IDM EUA FUTURES CONTRACTS
Effective Sunday, February 26, the GreenX In Delivery Month European Union Allowance (EUA) futures calendar spreads were listed for trading on the CME Globex platform for all December vs. December combinations out to 2020.
