Greenmarket redefines security in emissions trading

greenmarket, the emission trading platform of Bayerische Börse AG (Munich Stock Exchange) will be exhibiting at the 8th edition of Carbon Expo in Barcelona from June 1 to 3 of this year. Under the shared roof of the German pavilion in the new exhibition grounds of the Catalan city, the greenmarket team around Dr. Robert Ertl will be on hand to answer all questions about emissions trading through the stock exchange. The “Carbon Expo – Global Carbon Market Fair & Conference” is considered the most significant trade fair worldwide dealing with climate protection and technology, carbon trading and abatement technologies. This year the motto is “Finance & Technology for Green Growth”. It is organized this time around by the International Emissions Trading Association (IETA) in connection with the World Bank and Fair Barcelona. As last year, 250 exhibitors are expected and approximately 3,000 visitors from more than 100 countries.

The trading platform greenmarket has developed a new set-up for emissions trading where particular attention is paid to security aspects. “With our new set-up we offer our trading partners the level of security and transparency that we are accustomed to from our daily business as a stock exchange”, says the Head of greenmarket, Dr. Robert Ertl. greenmarket started the re-entry into emissions trading on April 29, 2011 with a Central Counter Party (CCP) which ensures secure and transparent trading. Swiss SIX X-clear took the position of CCP.
When trading on the greenmarket platform there is a multiple secured relationship between the market members and the stock exchange. The data processing center fulfills the highest security standards and works with 100 percent system availability as well as a completely redundant trading system. The trading process through a Central Counter Party is additionally protected by General Clearing Members (GCMs) between the market member and CCP. For the market member it offers security in any clearing matter and makes attempts at fraud of any kind very difficult. By using a CCP all trading, clearing and settlement processes are offered in genuine real-time. The simple and cost-effective fee model, low spreads and netting all make emissions trading through the exchange the most secure and still cost-effective solution.