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Climex and APX-ENDEX to stop spot carbon trading and clearing services

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On 19 January 2011 the European Commission (EC) suspended national registries in the EU ETS due to a theft of EUAs in a number of those registries. As a result, spot trading was not possible and Climex closed its spot trading platform.

Some national registries have been allowed to re-open since 4 February. A comprehensive solution has not yet been found: uncertainty in the spot carbon market remains and still poses a risk for market participants and clearing houses. Given these uncertainties, Climex and APX-ENDEX have decided to discontinue facilitating secondary trading in the spot carbon market.

All auction related activities scheduled until end of April 2011 will be performed as planned. This includes the spot allocation auction of 200,000 first issuance EUAs for the Austrian government in April.

 

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