Chicago Climate Exchange Becomes First Exchange In The World To License Dow Jones Sustainability Indexes
Date 14/03/2008
Chicago Climate Exchange®, Inc. (CCX®), the world’s first and North America’s only voluntary, legally binding integrated greenhouse gas emissions reduction, registry and trading system announced today that Dow Jones Indexes and SAM Indexes have granted CCX a license for the Dow Jones Sustainability World (DJSI World) and Dow Jones Sustainability North America Indexes (DJSI North America). The License will be exclusive for purposes of listing standardized exchange-traded futures contracts and options on futures contracts where the price and/or return of such contracts is based on the performance of the Licensed Indexes. The contracts will be listed on CCX’s wholly-owned subsidiary Chicago Climate Futures Exchange (CCFE), the world’s leading environmental derivatives exchange. The target launch date for CCFE products based on DJSI World and DJSI North America will be the third quarter of 2008.