Market split over Green Exchange
The launch of the Green Exchange last month received a mixed response from the market, after the first week of trading saw carbon contracts totalling 1.59 million tonnes.
Established by the New York Mercantile Exchange, Evolution Markets and a number of investment banks and energy trading companies, the Green Exchange is touted as the only one-stop-shop where players can trade both US and European emissions markets as well as established oil and oil products contracts.
In the Exchange's first week
More on Carbon
Emissions house of the year: Grey Epoch
Energy Risk Awards 2025: Carbon trader meets clients’ increasing needs through deep expertise and ability to warehouse risk
Environmental products house of the year: Marex
Energy Risk Awards 2025: Marex Environmental spans firm to give all clients access to green markets
Market-maker/liquidity provider of the year: OTC Flow
Energy Risk Awards 2025: Environmental trader and broker furthers liquidity provision with new presence on exchange
Commodity trade finance house of the year: Tramontana
Energy Risk Awards 2025: Investment firm creates unique carbon trade finance vehicles enabling long-term hedging while developing carbon market liquidity
Voluntary carbon markets house of the year: SCB Environmental Markets
Energy Risk Awards 2025: Environmental specialist amplifies its commitment to the VCM
Green knights? Banks step into struggling carbon credit markets
Clearer global standards and a new exchange may attract dealer entry, but supply and demand challenges remain
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