We’re very pleased to be working with the ECX. We believe trading ECX futures contracts is key to contributing to a centralized, liquid emissions market with price transparency, said Jose Luis Pastor Morate, head of futures markets at Endesa.
Through the addition of Endesa, the Exchange will become an even more attractive marketplace, said Peter Koster, CEO of the European climate exchange. By gaining the largest participant in the Spanish energy markets, we feel we have yet again strengthened our position as a liquid and efficient platform for trading carbon across the pan-European market.
More than 95 million tons of CO2 have traded on ICE Futures since ECX launched its futures contract on April 22, 2005.
