CME Group Announces First Trades Of Global Emissions Offset (GEO) Futures
Date
03/03/2021
CME Group, the world's leading and most diverse derivatives marketplace, today announced that its Global Emissions Offset (GEO) futures have launched and are available for trading. The total volume for the first two trading days was 81 contracts across five different contract months, with participation on screen and through the block market from nine firms, including Macquarie Group,
Hartree Partners and Mercuria. The first trades took place on
Sunday, February 28 and were executed by
Evolution Markets Inc.
"We are excited to see early customer interest and support for the new GEO futures, which represent another way CME Group is meeting the evolving risk management needs of our global energy markets," said