New ECX Record Daily Volume - 16.8 Million Tonnes Of EUAs And CERs Transacted In ECX Emissions Contracts

The European Climate Exchange (ECX) recorded its biggest daily volume yesterday, 10 April 2008, with 16,786,000 tonnes of EUAs and CERs traded on the ICE platform.

Total volume for the day was made up of 10 million tonnes of EUA futures, 5.1 million tonnes EUA options and 1.6 million tonnes CER futures. CER Futures trading has reached an average daily volume of 924,000 tonnes in its first three weeks of trading, and open interest levels passed the 10 million tonne mark. EUA futures and options open interest stands at 226.1 million tonnes.

Patrick Birley, Chief Executive of ECX, said “It is encouraging to see how fast this market is developing and we believe deeper liquidity will encourage further participation in carbon trading.”

ECX contracts are listed and admitted to trading on ICE Futures’ electronic platform. For more information about ECX, please visit www.ecx.eu.