BlueNext Futures CER launch on 2 June

by Bluenext 29 May 23:58

Paris, 29 May 2008
BlueNext, the environmental exchange based in Paris and which is a joint venture of NYSE Euronext and Caisse des Dépôts is pleased to announce that it will launch future contracts on CER of its derivatives market, on 2 June at 8:00 a.m. CET.
These contracts are BlueNext Futures CER ie futures contract with physical delivery of tonnes of Certified Emission Reductions (CERs) with December 2008 to 2012 maturities. The contracts will be listed on the same trading platform as the existing BlueNext Futures EUA and BlueNext Spot EUA 2008-2012.

“I am delighted that we can now proceed to provide our customers a broader range of products that will enhance liquidity on BlueNext, said Andrei Marcu, CEO of BlueNext. We now look forward to the launch of the spot CER contract that will enhance and further differentiate our offering in the market place.”
The first members connected to BlueNext Futures are EDF TRADING Ltd, ELECTRABEL NV / SA, ENDESA GENERACION SA, ORBEO, POWEO, SAGACARBON and VEETRA. GFI BROKERS LTD, SPECTRON ENERGY SERVICES Ltd, TRADITION FINANCIAL SERVICES Ltd and TULLETT PREBON (EUROPE) Ltd are recognised as registering brokers.
BlueNext Futures is cleared through LCH.Clearnet SA and a network of Clearing members including BARCLAYS BANK Plc, BHF BANK, FORTIS BANK GLOBAL CLEARING N.V, MF GLOBAL UK Ltd and NEWEDGE GROUP (UK branch).
For more information log on www.bluenext.eu
Press Contact: Thierry CAROL
Deputy CEO
Tel: +33 1 73 03 73 50
E-mail: press@bluenext.eu
About BlueNext
BlueNext is the international environmental exchange with NYSE Euronext holding a 60%
interest while the remaining 40% is held by Caisse des Dépôts. BlueNext today operates the
leading EUA spot exchange in Europe from trading to payment and delivery in real time.
BlueNext aims to be a world leader for trading in environment-related instruments and will
be pursuing this goal with the international deployment of a comprehensive range of
products and services, by the same token consolidating its user base across both financial
and industrial sectors.
www.bluenext.eu