- Increased liquidity, launch of new contracts and addition of Australian water products sees significant trading growth for Company
NEW YORK, SYDNEY – 13 February 2018 – CBL Markets, leading spot exchange operator for environmental commodity markets, today announced record trading growth in 2017, attributed to increased liquidity, new contract launches and the addition of Australian water products to the exchange.
CBL reported that the total number of transactions increased 132% year-on-year from 2016 to 2017, primarily driven by water and compliance markets, both increasing by over 300% respectively.
In addition, the Company reported a 28% increase year-on-year for the same period for total lots traded on the exchange. The most significant increase has been in US compliance markets which were launched in 2017.
“It has been a momentous year in CBL history with more market participants turning to the CBL exchange platform to transact environmental commodity contracts efficiently and cost-effectively, resulting in this growth” said Nathan Rockliff, Managing Director North America.
“Growth in Australian water products has also played a significant role in this trajectory, with H2OX bringing access to a growing commodity market.”
CBL Markets provides transparency and price discovery in spot, physical commodity markets which have historically relied on over-the-counter trading.
CBL Markets has been operating in environmental commodity markets since 2009, initially in the global carbon markets, before expanding into renewable energy and water markets also.
About CBL Markets
CBL Markets is a global exchange providing market participants with access to the world’s environmental commodity markets. With a vision of bringing efficiency, transparency and liquidity to environmental markets, our exchange connects buyers and sellers around the world to facilitate the secure and seamless trading of environmental commodities, including Compliance Carbon, Voluntary Carbon, Renewable Energy and Water.