CME GROUP ACQUIRES GREENX HOLDINGS LLC
On April 2, 2012, CME Group acquired a 100% equity interest in GreenX Holdings LLC, the parent company of GreenX. CME Group will migrate GreenX contracts and open interest to CME Group. Upon completion of the migration, all CME Group exchange clearing members will be able to clear GreenX products. CME Group and GreenX will work with market participants to ensure that trading and clearing of existing contracts on CME Globex and CME ClearPort continues with minimal impact throughout the migration process.
GREENX VOLUMES GROW 20% IN Q1
GreenX volumes continued to rise in March with a total of 39 million tonnes of CO2e traded. Q1 volumes on GreenX equaled 106,910 lots, representing a 20.7% increase over the previous quarter. March 30th recorded the highest daily volume of 2012 with 10,074 lots traded and cleared, giving GreenX a market share of 27%. Open Interest on GreenX increased to 97,294 contracts, up 10% from the previous month.
GREENX ANNOUNCES INTENTION TO LIST ERU FUTURES AND OPTIONS
GreenX announced its intention to list Emission Reduction Unit (ERU) Futures and Options for trade date April 30, 2012. Both ERU Futures and Options contracts will be available for trading on CME Globex and for submission for clearing through CME ClearPort.
Click here to download the GreenX Monthly Report for March.