Enmacc, the largest European OTC trading platform for energy and environmental commodities, has launched an emissions allowances platform to meet the demand from heavy industry and energy companies for a wholesale market. The platform will provide more hedging and liquidity options, and access to a network of potential counterparties via the request-for-quote workflow. The platform will also provide more contract options, including futures, customized delivery dates and non-standard deal volumes. The EU emissions allowance market, worth EUR750bn, has not previously been available for OTC trading, but Enmacc's digital platform is expected to improve liquidity and sharpen prices.

Source: carbonherald