Climate Exchange Plc. (CLE.L, CXCHF.PK, CXCHY.PK) said that it provided the trading volumes for the month of December 2009 for the European Climate Exchange or ECX, the Chicago Climate Exchange or CCX and the Chicago Climate Futures Exchange or CCFE. Average daily volumes exceeded 20 Mt making a total of over 5.1 billion tons traded on ECX/ ICE, an increase of 80% over 2008.
Over 134 Mt EUAs and 16 Mt CERs were transferred amongst market participants, a 28% increase over 2008. Year end open interest across all contracts stands at 548 Mt - up by 193 Mt from 2008.
EUA screen trading volumes grew throughout the year and peaked in November as roll activity increased ahead of the expiry, with a daily average volume reaching 8,233 contracts. This compares to an average daily volume of 4,379 contracts from the previous November and represents an 88% increase.
CCFE reached a daily volume record of 23,252 contracts traded on December 22nd, 2009. Open interest in CCFE CFI-US Futures and Options ended the month at a record high of 1,659 contracts.
The European Climate Exchange manages product development and marketing of futures, options and spot contracts based on CO2 EU allowances or EUAs traded under the EU Emissions Trading Scheme and Certified Emission Reductions or CERs issued under the Kyoto Protocol.
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