Our Company
GreenX operates a highly regulated market place for the trading of environmental derivatives. Our futures, daily futures and options contracts are designed to ensure efficiency and standardisation of key environmental markets in Europe and the US, and offer a risk management and propriety trading tool for the following environmental products: European Union Allowances (EUAs), UN-certified Certified Emissions Reduction Units (CERs), European Union Aviation Allowances (EUAAs), Emission Reduction Units (ERUs), US Regional Greenhouse Gas Initiative carbon allowances (RGGI), US emissions allowances (SO2 and NOx) and Californian Carbon Allowances (CCAs).
GreenX has established itself as the second largest carbon exchange worldwide. Volumes across all contracts on GreenX grew 332% in 2011 with more than 450,000 contracts traded – equivalent to 450 million tonnes of CO2. For the benchmark EU Allowance (EUA) futures, the most liquid carbon futures contract, volume grew 688% from 2010 to 2011. Open interest in GreenX products has also grown significantly.
GreenX was acquired on 2 April 2012 as a fully owned subsidiary of CME Group Inc. All GreenX products are listed for trading on the CME Globex electronic platform and cleared by CME Clearing/ Clearport.
