The IntercontinentalExchange (ICE) has rolled out 21 new over-the-counter (OTC) North American emission contracts. The new products include Climate Action Reserve Forward, Climate Action Reserve Forward Options and Carbon Financial Instrument, United States, Forward. The new forward contracts will be available for trading on Aug. 25, 2011, while options will be available on Sept. 19, 2011. Through the recent launches, ICE will offer over 550 cleared OTC energy contracts, including more than 455 new cleared OTC contracts.
Click here for the release from PR Newswire.