GFI launches emissions trading platform

Inter-dealer broker GFI Group has launched EnergyMatch, an electronic trading platform for over-the-counter energy derivatives.

EnergyMatch, an extension of GFI’s electronic broker-assisted hybrid broking business model used in credit and foreign exchange markets, will initially carry Sulfur Dioxide and Nitrogen Oxide emission contracts.

The contracts will be brokered by Amerex Brokers, a wholly-owned subsidiary of GFI. The company says that it will add other emission types and energy contracts “in due course.”

“With the emissions market continuing to grow in importance, we believe EnergyMatch will play a key role in bringing together buyers and sellers in a very convenient and effective way”, said Ian Clague, GFI Group’s head of energy for the Americas. “The technology of EnergyMatch and experienced Amerex brokers is a powerful combination.”

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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