EEX and Eurex to launch CER carbon futures

To provide incentives for trading, the trading fees (exchange trading and over-the-counter registry) will be waived for the entire year 2008. Eurex members have been able to trade futures on the carbon credit associated with the European Union’s Emissions Trading Scheme (EU ETS) - EU Allowances (EUAs) - since they were listed on the EEX on December 5, 2007.

"For our market participants, CER contracts will be a valuable complement to existing EUA futures," said Peter Reitz, Eurex executive board member.

CERs are issued under the Kyoto Protocol for climate protection projects that industrialised nations carry out in developing countries. One CER is equivalent to one tonne of carbon dioxide reduction. CERs can now be used in part for emissions reduction compliance under the EU Emissions Trading System.

EEX and Eurex plan to launch the options on EUA futures in the second quarter of 2008.

See also: UBS launches Greenhouse Index
Barclays launches carbon trading index

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: