Uka

ICE Expands its Global Environmental Complex With the Launch of UK Emissions Futures And Hosts First UK Emissions Auction

Retrieved on: 
Wednesday, May 19, 2021
Banking, Professional services, Environment, Finance, Loans, Mortgage loan, Auction, XC2, Uka

Auctions of UKAs take place every other Wednesday throughout the year, between 12.00 and 14.00 UK time.

Key Points: 
  • Auctions of UKAs take place every other Wednesday throughout the year, between 12.00 and 14.00 UK time.
  • Auctions have a floor price of \xc2\xa322 per tonne.\nICE UK Allowance (UKA) futures contracts, which launched today, are equivalent to 1000 Allowances.
  • Participants based in North America were the strongest contributor to this growth, increasing by more than 70%.
  • At ICE Mortgage Technology , we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration.

ICE publishes auction calendar for UK’s new Emissions Trading Scheme

Retrieved on: 
Friday, February 26, 2021
Environment, Finance, Consulting, Other Energy, Banking, Oil, Gas, Professional services, Energy, Other Professional Services, Economy of London, Financial markets, Articles, Commodity markets, Climate change policy, Carbon finance, Futures exchanges, Intercontinental Exchange, Futures contract, Emissions trading, Uka, Carbon offset

ICE plans to launch ICE UK Allowance (UKA) Futures contracts on May 19, 2021, coinciding with the launch of the first auction, with UKA Daily Futures following on May 21, 2021, subject to regulatory approval.

Key Points: 
  • ICE plans to launch ICE UK Allowance (UKA) Futures contracts on May 19, 2021, coinciding with the launch of the first auction, with UKA Daily Futures following on May 21, 2021, subject to regulatory approval.
  • ICE UKA Futures will trade on ICE Futures Europe and clear at ICE Clear Europe alongside ICEs global environmental complex, including European Union Allowances (EUA), California Carbon Allowances (CCAs) and California Carbon Offsets (CCOs).
  • The publication of our ambitious UK Emissions Trading Schemes auction calendar is another crucial step towards our target of eliminating our contribution to climate change by 2050, said UK Energy Minister Anne-Marie Trevelyan.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.