Nymex targets emissions market share increase

New York Mercantile Exchange (Nymex) has grown closer to entering the emissions trading space, a move that could take a significant bite out of Chicago Climate Exchange (CCX)'s market share.

Nymex officials at the Green Trading Summit in New York last week said they were close to launching futures on sulphur dioxide (SO2) and nitrous oxide (NOx) emissions and touted the exchange as a more...