ICE Futures Europe will provide rebate of nearly 79% for some of its largest emissions clients, Bloomberg reports. The exchange’s customers trading over 25,000 contracts a month may get rebates of up to €2.75 on contracts with fees of €3.50 to build liquidity. ICE will provide rebate to its traders in three tiers as long as they trade at least 5,000 contracts or 5 million metric tons of carbon dioxide a month. The company has invited various market participants, who are not ICE Futures Europe members, to become its member in order to qualify for these rebates.
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