The European Energy Exchange (EEX), in cooperation with IncubEx, has launched the new futures contracts related to the EU Emissions Trading System 2 (EU ETS2), enabling companies to hedge their exposure well ahead of the start of the ETS 2 primary auction.
The first trade concluded on the first day of availability, between Macquarie and CFP Energy, brokered by Tradition.
Patrick Rodzki, Vice President within Macquarie’s Commodities and Global Markets business, said: “Macquarie is pleased to have participated in the first trade of EU ETS 2 futures on the European Energy Exchange. This milestone reflects our commitment to supporting clients by using our expertise to help them navigate the EU ETS 2 scheme. With our global experience in environmental markets, we assist clients in managing risks and identifying opportunities within this important sector.”
The EU Emissions Trading System 2 (EU ETS2) is expected to become fully operational in January 2027 to include emissions from buildings and road transport as well as additional sectors.
The new contract suite by EEX comprises December and April maturities for the first three years of the new scheme, with the first expiry of December 2027.
The EEX EU ETS2 futures contracts are available through order book trading as well as trade registration.