CME Group Announces First Trades of Nature-Based Global Emissions Offset (N-GEO) Futures
CHICAGO, Aug. 3, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that its Nature-Based Global Emissions Offset (N-GEO) futures have launched and are available for trading.
- CHICAGO, Aug. 3, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that its Nature-Based Global Emissions Offset (N-GEO) futures have launched and are available for trading.
- "N-GEO futures are the latest product we have launched to provide our global clients with a standardized tool for managing the price risks associated with reducing emissions," said Peter Keavey, Global Head of Energy at CME Group.
- N-GEO and GEO futures are available for delivery of eligible offset credits and are listed by and subject to the rules of NYMEX.
- The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.