Three Brokers Choose Trayport for Electronic Emissions Trading
Trayport has announced its move into the EU emissions market where its Global Vision platform is now supporting the electronic trading of UK and EU emission credits, certified emission reductions (CERs) and renewable obligation certificates (ROCs). Three inter-dealer brokers have already implemented the platform: Evolution Markets, Spectron and Tradition Financial Services. These three companies have been among the first inter-dealer brokers to launch electronic emissions trading platforms in a bid to secure first-mover advantage, Trayport said, following the launch of the Emissions Trading Scheme and the commencement of the first compliance period on the 1st January 2005. Trayport said it had also received interest from other inter-dealer brokers and European exchanges to launch their electronic emissions trading platforms.