The Earth’s Exchange
- Nobody disputes the need to tackle climate change.
- The European Union Emission Trading System (EU ETS) is the largest multi-country, multi-sector Greenhouse Gas emission trading scheme worldwide.
- BlueNext enables the trading of carbon dioxide through European Union Allowances (EUAs). One EUA equals one ton of the right-to-emit CO2. Overtime the amount of allowances will be reduced, thus reducing the total emissions.
- The flipside to this is the Clean Development Mechanism (CDM). This allows industrialised countries to invest in emission reducing projects in developing countries. These CDM projects generate Certified Emission Reduction credits (CERs). The CERs are transferable to industrial countries where they can be applied toward emission reduction targets.
- Alongside the CDM, Emission Reduction Units (ERUs) are generated for emission reductions from Joint Implementation (JI) projects. JI projects are one of three mechanisms for Annex 1 countries to help them achieve their emissions reduction target.
- All three products can be traded on the Spot market. EUAs and CERs can be traded on the derivatives market
Why choose BlueNext?
We are a “safe pair of hands”:
- Zero counter-party risk on spot trades ensured by our
- Delivery versus Payment process.
- Protection on all trades on our futures market thanks to
- LCH.Clearnet’s Guarantee Fund.
We are the fastest Exchange:
- Traders need transactions and their delivery to happen quickly.
- It takes only 15 minutes to settle a trade.
- Our physical delivery for Futures is the same as an OTC trade; the first working day of December.
- Being fast is important as the environment needs a speedy solution.
We have the greatest “Spot” liquidity:
- 115 members.
- Majority market share.
We are Treasury efficient:
- Cash held on account is given interest of EONIA less an 1/8th (Euro Overnight Index Average).
Strong Shareholders
NYSE Blue - Builds Environmental Markets
- NYSE Blue is a new global company majority owned by NYSE Euronext.
- NYSE Blue inherits NYSE Euronext’s 60% shareholding.
- It is focused exclusively on environmental and sustainable markets: building market infrastructure and exchanges; and being an engine for liquidity growth.
- NYSE Blue brings together:
- APX - a leading provider of infrastructure and services to environmental sponsors and market participants.
· Environmental Management Account.
· All US REC programs and the major voluntary carbon programs.
· Services for renewable energy generators and demand response programs.
With our exchange, BlueNext, the leading spot exchange for the European Emissions Trading system.
- NYSE Blue will continue to grow these businesses and serve their clients, but also actively seek out new opportunities where market mechanisms help fight climate change.
Caisse des Dépôts
- World’s safest bank (Global Finance).
- State-owned Financial Institution.
- Played a key role in the launch of “Environmental Finance”.
- Invented “Carbon Credit Investment Funds”.
- Perfected Seringas, a carbon registry software.
The Spot Markets
EUA, CER & ERU Spot:
Key Features:
- Zero Counter-Party risk.
- Delivery versus Payment mechanism (DVP) delivers a transaction in an average of 15 mins.
- Powerful integrated electronic trading platform,Global Vision (GV).
- Straight through processing.
- Price transparency.
- Full anonymity.
- CERs are filtered when the order is entered.
- Delivery of EUA, CER and ERU occurs in the French Registry.
For more information on becoming a member of the exchange please contact:
Philippe Chauvancy - Commercial Director
T: +33 1 73 03 73 73
E: [email protected]
Contact details
Boulevard Montmartre, 5
Paris, 75002
Phone: 0033173037300
Fax: 0033173037301
www.bluenext.eu
Location: Montjuïc, Hall4 Level 234 Street D 313