SOURCE: Climate Exchange PLC

March 02, 2010 08:18 ET

Climate Exchange PLC - Monthly trading update

ISLE OF MAN, UK--(Marketwire - March 2, 2010) -




Press release
02 March 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
February 2010 for the European Climate Exchange (ECX), the Chicago
Climate Exchange (CCX) and the Chicago Climate Futures Exchange (CCFE).

Highlights

* 2010 ECX volumes continue to grow. February's totals show a
modest year-on-year increase to reach 458,942 contracts, up 10% on
January. Screen traded volumes continue to climb with EUA Futures
alone trading over 10,000 contracts per day, a total of 200,193 for the
month.

* The Dec 13 Futures contract became increasingly active trading
every day and total volume for the month reaching 15,150 contracts.
Open interest has reached 16,549,000 tonnes in the Dec 13 and 715,000
tonnes in the Dec 14. ECX Dec 13 Options contract is scheduled to be
introduced in march.

* ECX Daily Futures (Spot) volumes continue to grow with almost
15.5m tonnes traded in total in EUAs and CERs. February was a record
month for ECX EUA Daily Futures contracts with 14,750 contracts traded.

* Despite lower volatility, February was an active month in the
emissions options market as over 61m tonnes cleared onto the Exchange,
an average of more than 3,000 contacts per day - the majority of
activity was in the Dec 10 EUAs which saw a 34% increase in open
interest during February.

* Open interest in all products continues to rise and is now
approaching 700,000 contracts, a 36% increase since delivery in
December.

* Open interest across all CCFE products ended the month at
108,950, up 37% from 79,607 last year.

* Open interest in the CCFE Renewable Energy Certificate futures
ended the month at a record high of 3,690.

* Volumes in the CCFE SFI and NFI-A futures and options
contracts was 48,031 contracts, up 36% from the 35,334 last year.



Total ECX Products (Contracts*)



              2010        2009      Change


February      458,942    447,135   +2.64%
YTD           875,365    735,112   +19.08%
Open Interest 696,926    450,455   +54.72
*1 contract equal to 1,000 EUAs/CERs


ECX EUA Futures Contract

              2010       2009       Change


February      337,559    306,566    +10.11%
YTD           657,957    515,684    +27.59%
Open Interest 346,285    176,514    +96.18%


ECX EUA Options Contract


              2010    2009   Change

February      56,221  49,107 +14.49%
YTD           87,646  74,658 +17.40%
Open Interest 145,462 96,685 +50.45%


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

         2010     2009   Change

February 14,750     -      -
YTD      24,810     -      -

ECX CER Futures Contract (launched 14 March 2008)

               2010       2009    Change

February      44,314     79,498     -44.26%
YTD           94,678     123,506    -23.34%
Open Interest 140,807    114,383    +23.10%


ECX CER Options Contract (launched 16 May 2008)

              2010       2009       Change

February      5,350      11,964    -55.28%
YTD           8,250      21,264    -61.20%
Open Interest 140,807    62,873    +123.95%


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

         2010     2009    Change

February 748        -        -
YTD      2,024      -        -


CCX CFI (Contracts)

         2010      2009    Change


February   575     77,413     -99%
YTD      3,445    110,907     -97%

Total CCFE Products (Contracts)

              2010       2009    Change

February      63,878     56,879     12%
YTD           107,211   108,478     -1%
Open Interest 108,950    79,607     37%


CCFE SFI and NFI Futures & Options Contracts

              2010       2009   Change

February      48,031    35,334    36%
YTD           80,924    74,237     9%
Open Interest 64,610    40,648    59%


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

              2010      2009   Change

February      14,872   21,520   -31%
YTD           23,802   33,851   -30%
Open Interest 40,530   30.679    32%


Other CCFE Products including IFEX and RECs


              2010    2009   Change

February      975      25    3800%
YTD           2,485    390    537%
Open Interest 3,810   8,280    -54%


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


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


Richard Sandor, Executive Chairman of Climate Exchange plc, said:"While
Washington continues to work on climate legislation, we're
seeing increased activity in state policymaking circles in the United
States, especially in the area of renewable energy. CCFE closed
February with record high open interest in our REC contracts. In
Europe, ECX volumes were up again in February continuing on a path of
steady growth."

Contact

Richard Sandor, Chairman Climate Exchange plc and         001 312 554
Chairman & CEO Chicago Climate Exchange                   3370

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 whosecontracts
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 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.

www.ecx.eu


About Chicago Climate Exchange, Inc. 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.
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.

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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