SOURCE: Climate Exchange PLC

May 06, 2010 06:06 ET

Climate Exchange PLC - Monthly trading update

Isle of Man, UK--(Marketwire - May 6, 2010) -






Press release
6 May 2010


                           CLIMATE EXCHANGE PLC

        Monthly Trading Update for the European Climate Exchange,
 the Chicago Climate Exchange and the Chicago Climate Futures Exchange

Climate Exchange plc summarises the trading volumes for the month of
April 2010 for the European Climate Exchange (ECX), the Chicago Climate
Exchange (CCX) and the Chicago Climate Futures Exchange (CCFE).

Highlights

-    Over 700 million tonnes traded on ECX during April to take 
     year-to-date trading over the 2 billion tonne mark and establish a
     new all time high monthly record. 738,391 contracts traded across
     all products, up 54% from March with an average of 36,920 lots per
     day. 27 April set a new high for a single trading day with 52,071 
     lots.

Overall record month for EUA products:

-    EUA Futures: Increased volatility and a general firming of	prices 
     contributed to a rise in EUA Futures screen volume; average daily 
     volume for screen Dec 10 EUAs was 14,087 contracts.

-    EUA Options: A total of 111,721 EUA Options contracts were cleared 
     on ECX - activity was concentrated in the Dec10 (90%) with the
     majority of these being calls (69%)

-    EUA Daily Futures: The final month of true-up for 2009 EU ETS
     compliance drove strong activity in the Daily contracts with
     Average Daily Volumes of 1,645 lots in EUAs and CERs. The spot 
     volumes represented over 37% of total market share during April

-    CER volumes recorded modest month-on-month growth

-    Open Interest of all contracts continued to rise, up 10% in April 
     and up 60% so far this year to 857,910 lots. Dec10 EUA Futures
     Open Interest increased 12% this month to 175,149 lots.

-    Open Interest in CCFE SFI & NFI futures and options ended April at
     114,064 contracts, a 51% increase over April 2009


-    Open Interest in the CCFE REC product line stands at a record high 
     of 4,480 contracts


Total ECX Products (Contracts*)



                     2010         2009       Change
April               738,391     516,086       43%
YTD                2,090,189   1,790,200      16%
Open Interest       857,910     579,799       48%


*1 contract equal to 1,000 EUAs/CERs



ECX EUA Futures Contract


                     2010         2009       Change


April              509,136      380,112        33%
YTD               1,462,165    1,336,050       9%
Open Interest      422,049      251,755        67%



ECX EUA Options Contract


                      2010         2009       Change


April               111,721       67,938        64%
YTD                 268,667       187,238       43%
Open Interest       218,731       153,234       42%



ECX EUA Daily Futures Contract ('Spot') (launched 13 March 2009)



                     2010         2009       Change


April               30,982        2,629      1,078%
YTD                 78,645        3,416      2,202%



ECX CER Futures Contract (launched 14 March 2008)


                     2010         2009       Change


April               81,966       61,263        33%
YTD                254,283      235,084        8%
Open Interest      148,063      107,364        38%




ECX CER Options Contract (launched 16 May 2008)



                     2010         2009       Change


April               2,650        3,669        -28%
YTD                21,500       27,748        -22%
Open Interest      69,997       67,446         +4%




ECX CER Daily Futures Contract (Spot) (launched 13 March 2009)



                     2010         2009       Change


April               1,936         475         307%
YTD                 5,479         664         725%



CCX CFI (Contracts)


                     2010         2009       Change


April               1,730        10,907       -84%
YTD                 6,802       186,007       -96%



CCFE (Contracts)


Total CCFE Products



                     2010         2009       Change


April               58,854      132,319       -56%
YTD                219,805      332,321       -34%
Open Interest      154,565      122,359       +26%




CCFE SFI and NFI Futures & Options Contracts


                     2010         2009       Change


April              54,734        76,895       -29%
YTD               180,795       201,046       -10%
Open Interest     114,064        75,587       +51%




CCFE Carbon Complex including CFI, RGGI, CCAR and CFI-US



                     2010         2009       Change


April               2,770       51,064        -95%
YTD                34,353      125,399        -73%
Open Interest      35,236       38,188        -07%




Other CCFE Products including IFEX and RECs


                     2010         2009       Change


April               1,350        4,360        -69%
YTD                 4,657        5,876        -21%
Open Interest       5,265        8,584        -39%




For breakdown of daily trades, please refer to websites as follows:


ECX    www.ecx.eu
CCX    www.chicagoclimateexchange.com
CCFE   www.ccfe.com



Contact


Richard Sandor, Chairman Climate Exchange plc and      001 312 554 3370
Chairman & CEO Chicago Climate Exchange                   
Neil Eckert, CEO Climate Exchange plc                  0207 382 7801
Patrick Birley, CEO European Climate Exchange          0207 382 7818
Jonny Franklin-Adams and Simon Law, Fox-Pitt, Kelton   0207 065 2000
Limited  
Peter Rigby/Alex Parry, Haggie Financial               0207 417 8989


About Climate Exchange plc

Climate Exchange plc is a holding company whose subsidiaries are
principally engaged in owning, operating and developing exchanges to 
facilitate trading in environmental financial instruments including 
emissions reduction credits in both voluntary and mandatory markets. Its
three main businesses are the European Climate Exchange (ECX) which
operates the leading derivatives exchange focused on compliance 
certificates for the mandatory European Emissions Trading Scheme, 
Chicago Climate Exchange (CCX) which operates a voluntary but 
contractually binding cap and trade system for greenhouse gas emissions 
in the U.S., and the Chicago Climate Futures Exchange (CCFE) the 
leading U.S. regulated environmental products exchange whose contracts 
include mandatory U.S. emissions such as SO2, NOx and RGGI CO2.

www.climateexchange.com

About European Climate Exchange

The European Climate Exchange (ECX) manages product development and
marketing of Carbon inancial Instruments (CFI) futures and options 
contracts on CO2 EU allowances (EUAs) traded nder the EU Emissions 
Trading Scheme (EU ETS) and Certified Emission Reductions (CERs)
issued under the Kyoto Protocol. ECX CFI contracts are listed and
traded on the ICE Futures electronic platform, offering a central
marketplace for emissions trading in Europe with standard contracts and
clearing guarantees. ECX/ ICE Futures is the most liquid, exchange for
carbon emissions trading. More than 100 businesses have signed up for
membership to trade ECX products. In addition, several thousand ICE
clients can access the market via banks and brokers.

www.ecx.eu


About Chicago Climate Exchange and Chicago Climate Futures Exchange
Chicago Climate Exchange (CCX) is a financial services business whose
objectives are to apply financial innovation and incentives to advance 
social, environmental and economic goals. CCX is the world's first and 
North America's only contractually binding rules-based greenhouse gas
emissions allowance trading system, as well as the world's only global
system for emissions trading based on all six greenhouse gases. CCX 
members are leaders in greenhouse gas management and represent all 
sectors of the global economy, as well as public sector innovators.

Independent third party verification is provided by FINRA. For a full
list of CCX members, daily prices and other Exchange information please 
see the CCX website. The Chicago Climate Futures Exchange (CCFE), a 
wholly owned subsidiary of CCX, is a CFTC designated contract market 
which offers standardized and cleared futures contracts on emission 
allowances and other environmental products. Clearing services are 
provided by The Clearing Corporation. Market surveillance services are 
provided by the National Futures Association, the industry wide, self-
regulatory organization for the U.S. futures industry.

www.chicagoclimateexchange.com
www.ccfe.com


                    This information is provided by RNS
          The company news service from the London Stock Exchange

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