Carbon Trade Exchange Launches Platform for Allowances from RGGI

CTX RGGI Exchange is a venue for allowances from the RGGI, which is the first mandatory cap-and-trade program in the US to limit CO2 from the power sector.

CTX, which was founded in 2009, is based in Sydney.

CTX RGGI Exchange offers intra-day spot trading of RGGI units and is electronically connected with Wells Fargo.

The announcement shows the continued progress CTX has made in less than a year.

Since its launch in North America in 2014, CTX has built strategic relationships with APX Environmental Management Account, Gold Standard, VCS, Climate Action Reserve and American Carbon Registry. CTX also announced a partnership with Minneapolis Grain Exchange (MGEX) in an effort to help launch a CTX in the cap-and-trade program in California.

"CTX is expanding its suite of global carbon trading platforms with the launch of the RGGI Exchange in the US. We are relentlessly committed to providing liquidity and transparency to market participants and enabling companies to address climate change as a part of their broader sustainability plans," said Nathan Rockliff, president of CTXUSA, in a statement.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here