GreenX Adds Six Banks As Clearers

Green Exchange has increased the number of its clearing member firms to 14.

Green Exchange (GreenX) has increased the number of its clearing member firms to 14. The exchange has added Citigroup, Cunningham Commodities, Dorman Trading, Macquarie Bank, Mizuho Securities USA and Prudential Bache Commodities to offer derivatives clearing services to its international customer base.

The members will be added when the suite of GreenX-associated environmental products currently listed on New York Mercantile Exchange migrates to the GreenX Designated Contract Market. The exchanges existing clearing member firms include BNP Paribas Commodity Futures, Credit Suisse Securities (USA) and Goldman Sachs.

Click here for the release from GreenX.