ICE Futures Europe: Sagacarbon Signs Up To Trade ECX Products

Sagacarbon becomes the 84th Member of ICE Futures Europe to be given access to trade ECX CFI contracts

Sagacarbon, a wholly-owned subsidiary of Caisse des Dépôts et Consignations, has become the latest Member of ICE Futures Europe to be given access to trade in ECX CFI contracts on 17 December 2007.

Sagacarbon is a financial investment firm, providing trading, research and advisory services to corporates, investment banks, institutional investors and hedge funds within the carbon market. Through various memberships of Exchanges and extensive access to OTC liquidity, Sagacarbon trades spot and derivative contracts, as well as provides structured products to facilitate the management of customers’ environmental portfolios.

“We see ECX contracts as a primary tool in offering our clients increased exposure to carbon related instruments going forward,” said Stéphane Colin, Managing Director at Sagacarbon.

“We are delighted to welcome Sagacarbon into the growing community of carbon traders using ECX. Liquidity in our products is continuing to deepen and the entrance of Sagacarbon will enhance this trend,” said Patrick Birley, CEO of the European Climate Exchange.

For more information about Sagacarbon, please visit www.sagacarbon.fr.