CBL Records More Milestones on Global Exchange
NEW YORK, SYDNEY – 9 August 2018– CBL, leading spot exchange operator for environmental commodity markets, today announced another record trading month for Compliance products in July, first trades for 7 different products, along with reaching 1000 registered users on its global exchange.
1,040 lots were traded within the compliance market in July, against April’s previous record trading month of 903, an increase of 15%. In total, there were 2,156 lots traded, a 8.1x increase from July 2017.
CBL also reports first trades for 7 different products within the month of July comprising of CSAPR SO2 Group 2 Allowance, Connecticut Class III v2018, Massachusetts Solar II REC v 2018, Connecticut Class I v2018, Pennsylvania Tier I v2017, Ohio Solar REC V2017 & 5A Loddon (GMW).
CBL’s increasing activity on the platform is testament to the exchange’s growth, which is also underpinned by reaching 1000 registered users.
This announcement comes after the previous record trading month for US RECs in May 2018.
CBL is a global exchange providing market participants with access to the world’s energy and environmental commodity markets. With a vision of bringing efficiency, transparency and liquidity to commodities markets, our exchange connects buyers and sellers around the world to facilitate the secure and seamless trading of energy and environmental commodities, including carbon, renewable energy, water, and gas.