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Chicago Climate Exchange® Appoints Eric J. Nield As General Counsel

Date 27/04/2009

Chicago Climate Exchange (CCX®) which operates North America’s only cap and trade system for all six greenhouse gases, with global affiliates and projects worldwide, announced today the appointment of Eric J. Nield as Senior Vice President and General Counsel. In this capacity he will have oversight over all the Exchange’s legal and regulatory functions.

Mr. Nield most recently served as Legal Counsel at Credit Agricole Asset Management Alternative Investments, a major fund of funds manager. Prior to joining Credit Agricole he was Head of Legal for Newedge Financial Inc. where he was responsible for the Americas zone legal function of this large global derivatives brokerage and broker-dealer firm. Mr. Nield held operations and compliance positions at ABN AMRO, ED&F Man and at the Office of Investigations at the Chicago Board of Trade. He also worked as an attorney servicing clients in the financial services industry at Katten Muchin Zavis Rosenman, a leading law firm.

"We are very excited that Eric Nield has joined CCX and we look forward to his advice and counsel as we continue to expand the activities of CCX and CCFE," said Dr. Sandor. "He brings a unique set of skills and experience in the legal and compliance sectors of the futures industry that will benefit our mission which is market-based solutions to environmental issues in a cleared, transparent and regulated exchange in an ever important regulatory landscape."

Mr. Nield holds a Bachelor of Arts in Economics from the University of Illinois and a Juris Doctor from Chicago-Kent College of Law, where he was a member of the Order of the Coif.