Orbeo makes first Phase III carbon trade on ECX

The December 2013 ECX contract, along with a contract for December 2014 delivery, was launched on 8 April.

Orbeo made the first 2013 trade with an undisclosed counterparty for 10 lots (equivalent to 10,000 EUAs) at €27.70 per tonne.

Orbeo managing director Jérôme Malka comments that the transparency brought by the new contracts is “crucial in pricing the longer-dated forward curve”.

Sara Stahl, business development manager at ECX, says that, while a successor to the Kyoto Protocol has yet to

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: