HIGHLIGHTS:
- ECX Trading Volumes remained healthy despite the large numbers of participants on holiday during a quiet August. A total of 394,209 contracts traded during the month, a 39.1% year-on-year increase. Year-to-date Average Daily Volume remains above 25 Mt.
- Open Interest: Total open interest surpassed the 1 billion mark for the first time on 3rd August 2010 and currently stands at 1,043,026 contracts – see chart 2
- The CER Market had a busy month reacting to news concerning possible restriction of issuance from HFC projects. August 19th saw a record volume day across ECX CER Futures and Daily Futures with a total of 12,000 contracts trading.
- Phase 3 Trading: On 6th August ICE listed December futures from 2015 to 2020 – that morning saw trades in the Dec 2018, 2019 and 2020 contracts.
- ICE Block 2.0 Upgrade: To continue submitting Blocks, EFSs or EFPs, all ICE participants who have not yet upgraded to ICE Block 2.0 need to do so by September 30th when ICE Block 1.0 will be decommissioned. Please click here to see required action https://www.theice.com/off_exchange_clearing.jhtml
- New Members: ICE Futures Europe welcome two new ECX members: Sunrise Brokers LLP and KI Energy Ceska, s.r.o.