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Green Exchange posts volume records for June

London, 6 July 2011

Year to date trading more than double total for 2010: Green Exchange (GreenX) today announced that a series of volume records were achieved during June as trading activity reached a new all-time high at the Exchange.  The numerous records set during the month included total volume, monthly average daily volume (ADV), single-day volume and open interest - both Exchange-wide and for EUA futures contracts.

Monthly exchange-wide volumes for GreenX futures and options totalled 71,399 contracts traded and cleared.  During the month, open interest reached 94,995 contracts, nearly 95 million tonnes, an increase of 117% from the start of the year.

June also saw two consecutive record trading days on 28 and 29 June when 8,759 and 12,572 contracts were traded respectively.  On 29 June, the Exchange accounted for more than 20% share of the total European Union Allowance market.

Tom Lewis, CEO of GreenX, commented: “We have delivered a real step change in performance in the first half of 2011.  This growth in volume and open interest could not have been achieved without the support from our valued market participants in the trading and broking communities.”

GreenX market share continues to rise steadily on a monthly basis, with GreenX averaging 8% during June, up from 5% the previous month.

Today’s announcement brings the total volume of contracts traded and cleared on GreenX for the six months to 30 June 2011 to 241,919 contracts, corresponding to over 240 million tonnes, more than double the 104,159 contracts traded throughout 2010.

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