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Xpansiv News: CME Group Launches ACCU Futures With Xpansiv

October 18, 2024

Xpansiv Unicorn News - October 18, 2024

CME Group, in collaboration with Xpansiv, has launched the first trades of the CBL Australian Carbon Credit Unit (ACCU) Futures. These physically-settled futures are based on Xpansiv's CBL market and aim to enhance the integrity and standardization of carbon trading in Australia.

( 00:00:00 ) Introduction

( 00:00:34 ) CME Group Announces First Trades of CBL Australian Carbon Credit Unit (ACCU) Futures

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CME Group, in collaboration with Xpansiv, has launched the CBL Australian Carbon Credit Unit (ACCU) futures, a significant advancement in the carbon trading market. These futures are physically-settled and are based on the Xpansiv market CBL's underlying ACCU spot market. The introduction of ACCU futures provides a structured and standardized method for trading Australian carbon credits, ensuring they meet specific criteria as outlined in NYMEX rules. This approach guarantees high environmental integrity of the credits. The delivery of these carbon credits is facilitated through the Australian National Registry of Emissions Units (ANREU), which offers a regulated and secure system for managing the credits. This development is expected to enhance trust and stability in the carbon market, playing a crucial role in promoting carbon trading and environmental initiatives in Australia.

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