MF Global Joins Chicago Climate Exchange
MF Global Market Services, a subsidiary for MF Global, has joined the Chicago Climate Exchange (CCX) as an offset aggregator.
Offset aggregators serve as the administrative representative, on behalf of offset project owners, of multiple offset-generating projects. CCX is owned by Climate Exchange, a publicly traded company listed on the AIM division of the London Stock Exchange, and is North America’s only cap and trade system for all six greenhouse gases.
“MF Global’s membership with CCX is an important part of the effort to advance cost-effective climate solutions and broaden market participation,” said Dr. Richard Sandor, chairman of CCX and executive chairman of climate exchange. “I congratulate MF Global and their leadership for taking this step to strengthen innovation and efficiency in mitigation efforts and encourage investment in the development of environmental technologies.”