Well, over at the NYMEX the Green Exchange’s carbon options contract started trading last week. More here.
NYMEX President and Chief Executive Officer and member of The Green Exchange Executive Committee James E. Newsome said: “The Green Exchange is committed to being a leader among environmental exchanges, and our successful launch of the first ever options contract for carbon offsets demonstrates this. An initial week of trading under the CER options contract of more than one million tonnes is a great start. There is a clear need in the carbon market for these types of risk management tools, and they are particularly well suited to the global trading platform available on The Green Exchange.”
