SOURCE: Climate Exchange PLC

January 11, 2010 02:00 ET

Climate Exchange announces Monthly trading update

ISLE OF MAN, UK--(Marketwire - January 11, 2010) -

Press release

11 January 2010


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

Climate Exchange plc, below outlines the trading volumes for the month
of December 2009 for the European Climate Exchange (ECX), the Chicago
Climate Exchange (CCX) and the Chicago Climate Futures Exchange (CCFE).


  . Despite the disappointing lack of progress from COP 15, 2009 was
    another year of strong growth for the European carbon markets.
    Average daily volumes exceeded 20 Mt making a total of over 5.1
    billion tons traded on ECX/ ICE, an increase of 80% over 2008.

  . The December 2009 EUA and CER futures contracts expired on December
    14th and saw record volumes taken to physical delivery. Over 134 Mt
    EUAs and 16 Mt CERs were transferred amongst market participants, a
    28% increase over 2008. Year end open interest across all contracts
    stands at 548 Mt - up by 193 Mt from 2008.

  . EUA screen trading volumes grew throughout the year and peaked in
    November as roll activity increased ahead of the expiry, with a
    daily average volume reaching 8,233 contracts. This compares to an
    average daily volume of 4,379 contracts from the previous November
    and represents an 88% increase. Total volumes in December were
    split in 58% on-exchange screen volumes and 42% cleared (EFP)

  . December also saw a significant upturn in EUA/CER swap transactions
    using the spread tool in WebICE

  . CCFE reached a daily volume record of 23,252 contracts traded on
    December 22nd, 2009

  . Total Open Interest on CCFE reached a record high of 167,929
    contracts on December 14th, 2009

  . Open interest in CCFE CFI-US Futures and Options ended the month at
    a record high of 1,659 contracts.

Total ECX Products (Contracts*)

                      2009      2008      Change

December            373,076     189,743      97%

YTD               5,122,183   2,810,021      82%

Open Interest       548,699     355,505      54%

*1 contract equal to 1,000 EUAs/CERs

ECX EUA Futures Contract

                        2009        2008      Change

December             272,010      126,513     115%

YTD                3,777,810    1,991,276      90%

Open Interest        267,400      154,758      73%

ECX EUA Options Contract

                      2009       2008      Change

December              24,814    21,551       15%

YTD                  415,567   243,166       71%

Open Interest         92,608    45,856       102%

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

                       2009   2008    Change

December              6,353      -      -

YTD                  60,500      -      -

ECX CER Futures Contract (launched 14 March 2008)
                     2009    2008      Change

December           62,253    40,079      55%

YTD               771,957   507,779      52%

Open Interest     130,200   103,541      26%

ECX CER Options Contract (launched 16 May 2008)

                   2009       2008      Change

December          6,600      1,600       312%

YTD              91,130     67,800        34%

Open Interest     58,491    51,350        14%

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

                  2009     2008       Change

December         1,046        -             -

YTD              5,239        -             -

CCX CFI (Contracts)

                   2009      2008      Change

December         14,739    20,130        -27%

YTD             452,041   708,305        -36%

CCFE (Contracts)

Total CCFE Products

                     2009      2008     Change

December           98,201    43,776       124%

YTD            1,372,579    484,320       183%

Open Interest    100,458     61,350        64%

CCFE SFI and NFI Futures & Options Contracts

                   2009       2008    Change

December           46,252    28,066      65%

YTD               566,514   404,164      40%

Open Interest      41,980    33,344      26%

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

                       2009    2008   Change

December              51,737   11,630     345%

YTD                  797,183   68,574    1062%

Open Interest         50,588   19,454     160%

Other CCFE Products including IFEX

                        2009    2008    Change

December                 212   4,080    -95%

YTD                    8,882  11,582    -23%

Open Interest          7,920   8,552     -7%

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




Richard Sandor, Executive Chairman of Climate Exchange plc, said:"December
was another excellent month for our exchange, rounding off
another year of growth for ECX but also recording a very strong month
at CCFE, which is especially pleasing given the level of legislative
uncertainty in the United States."

Neil Eckert, Chief Executive Officer of Climate Exchange plc,
said:"December demonstrated continued strong growth on both sides of
the Atlantic and we look forward to 2010 bringing political clarity
enabling us to continue the momentum and dominant exchange market share
that we have established."


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 663 6000

Peter Rigby/Alex Parry, Haggie Financial              0207 417 8989 /
                                                      07813 808 738

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.

About European Climate Exchange

The European Climate Exchange (ECX) manages product development and
marketing of futures, options and spot contracts based on CO2 EU
allowances (EUAs) traded under the EU Emissions Trading Scheme and
Certified Emission Reductions (CERs) issued under the Kyoto Protocol.

ECX contracts are listed and traded on the ICE Futures electronic
platform, offering a central marketplace for emissions trading
alongside other energy commodities with standardised contracts and
clearing guarantees. ECX/ ICE Futures is the most liquid Exchange for
carbon derivatives trading. More than 100 businesses have signed up for
direct membership to trade ECX products. In addition, several thousand
ICE clients can access the market via banks and brokers.

About Chicago Climate Exchange, Inc. and Chicago Climate Futures

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.
Greenhouse gas emission reductions achieved through CCX are the only
reductions in North America being achieved through a legally binding
compliance regime. 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 the Chicago Climate Exchange, 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.

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


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