Amerex gains sulpur dioxide trading privileges on CCX
Houston-based broker Amerex Energy has obtained SO 2 trading privileges on the Chicago Climate Exchange (CCX), an emissions-trading marketplace. Amerex can now broker futures contracts in trading increments of 25-tonne SO2 allowances. The standard over-the-counter trading increment is 2,500 tonnes.
The exchange launched trading of SO2 futures on December 10 – prior to that, there was only a cash OTC market for SO2 allowances. CCX said before the futures launch that it would offer a limited number of trading privilege memberships to
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