Green Exchange (“GreenX”) announced today that year-to-date trading volumes for 2011 have already exceeded the total volume recorded during all of 2010. At market close on 24 March, GreenX had traded 107,027 contracts over the first 56 days of the year, compared with 104,159 contracts recorded during 2010.
The new trading record signals the continued progress of GreenX as the exchange enjoys the growing confidence of market participants. Offering a market-leading combination of a highly regulated trading environment for environmental commodities and the financial security of CME Clearing, GreenX continues to attract organisations that are seeking secure, reliable and far-reaching access to environmental products.
Announcing the new trading records, Tom Lewis, CEO of the Green Exchange, commented:
“Today’s news literally speaks volumes and is especially impressive when viewed against the current challenges that our industry is facing.
“We continue to make progress and to have eclipsed last year’s entire traded volume after just 56 days clearly demonstrates the value that the market places on our blend of proven technology, underlying financial strength and competitive trading and clearing fees. The quality of our products, the fair and transparent mechanism through which they are traded, along with GreenX’s pedigree clearly resonate with our customers.
“We enthusiastically look forward to continuing our growth during 2011 as GreenX consolidates its position in the top tier of environmental commodities exchanges.”