EU Carbon at 11-Month High as Emitters Face Deadline to Comply (11th June 2010)

Carbon Emissions Dec 10 Futures Chart.

Volatility continued to drive excellent Trading Volumes on ECX during May – a total of 691,457 contracts traded representing an average of 34,572 per day and a year-on-year increase of 60%. May set a record in EUA screen-traded futures (see chart 2) with an average of 18,633 contracts trading per day.
ECX Spot Market Share reached 38% for EUAs and CERs, another month-on-month increase (see chart 3) for ECX Daily Futures just over a year since their launch.

ECX total Open Interest passed through the 900 million tonne mark during May (see chart 4). EUA Dec10 Futures Open Interest stands at 180,418 contracts, up 66% since the start of the year.