European Climate Exchange (ECX) recorded its biggest daily volume on April 10. A total of 16.79m tonnes of EUAs and CERs traded on the ICE platform. Total volume for the day was made up of 10m tonnes of EUA futures, 5.1m tonnes EUA options and 1.6m tonnes CER futures. CER Futures trading has reached an average daily volume of 924,000 tonnes in its first three weeks of trading, and open interest levels passed the 10m tonne mark. EUA futures and options open interest stands at 226.1m tonnes.
Dalian Commodity Exchange (DCE) recorded monthly volume of 68.94m contracts, accounting for 54.3% of all of China’s three commodity futures exchanges during March. The trading volume and turnover increased by 416.3% and 903.5% from a year ago. The total trading volume and turnover of the first quarter 2008 in DCE was 158.1m contracts and 7.5tr yuan. In March,...