First Capitol Launches ClearX OTC Carbon Trading Platform

First Capitol is pleased to announce the launch of our ClearX Electronic OTC Carbon Brokerage Platform.

ClearX Highlights

What: Electronic OTC Carbon Brokerage Platform providing markets in:

  • Climate Action Reserve (cash, derivatives)
  • RGGI (cash, derivatives)
  • CFI (cash, derivatives)
  • EUA, CER, EUA/CER Spread (derivatives)
  • More to follow…

Why: Current exchange traded carbon markets don’t allow sufficient specificity and current OTC carbon markets are opaque and inefficient. ClearX fills both of these gaps by allowing traders to trade highly specified carbon offsets (standard, project type, country, state, vintage, etc), allowances and derivatives on an efficient electronic OTC platform.

When: Now Live as of September 24, 2009

Where: Online – Contact us for a download link, userID and password