Green Exchange (“GreenX”) today announced another record-breaking month with December 2010 volumes in the suite of environmental products listed on New York Mercantile Exchange, Inc. (“NYMEX”) totaling 43,753,000 tonnes, a 237% increase on the previous monthly volume record of 12,983,000 tonnes in November 2010. In December 2010, the highest ever monthly volume for European Union Allowance (“EUA”) Futures contracts registering a total of 14,058,000 tonnes as well as a record number of 12,700,000 Certified Emission Reduction (CER) options contracts was reported. An additional 11,000,000 tonnes were reported for EUA options contracts while activity in the recently launched Daily EUA Futures contract (“spot”) was 2,200,000 tonnes at the end of the month. Total open interest in GreenX products listed on NYMEX at the end of the month was 43,773,000 tonnes. The specific December 2010 volumes for GreenX-associated products are set forth in the table below.
Commenting on the record growth, Tom Lewis, Chief Executive of GreenX, said: “We are thrilled to have beaten our previous monthly GreenX product record volume to such an extent. Our hard work and close cooperation with key players in the European market is now beginning to yield results. Going forward in 2011, we will continue to focus on extending our customer connectivity and generating products that are responsive to new developments in environmental markets globally.”
|
Contract
(all vintages) |
Volume
(December 2010)[1] |
Open
Interest (end December 2010) |
|
Daily
EUA Futures (“spot”) |
2,200,000 |
N/A |
|
EUA
Futures |
14,058,000 |
11,258,000 |
|
EUA
Options |
11,000,000 |
13,000,000 |
|
CER
Futures |
3,795,000 |
4,165,000 |
|
CER
Options |
12,700,000 |
15,300,000 |
|
RGGI
Futures |
- |
50,000 |
|
Total |
43,753,000 |
43,773,000 |
1Market data sourced from NYMEX available at: http://www.thegreenx.com/market-data/index.html
 |
The GreenX-associated suite of environmental products that include Futures, Daily Futures and Options contracts on EUAs, CERs, RGGI, NOx, SO2 and Climate Action Reserve Credit Reserve Tonne (CRT™) units, currently is listed on NYMEX. GreenX expects these products will be migrated to the GreenX Designated Contract Market (DCM) on the trade date of January 24, 2011.
