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NYSE Euronext and Caisse des Dépôts today announced their intention to open an organized
international market to trade CO2 allowances and credits. They plan to provide a full range of
exchange-based services to the carbon emissions market at the global level.
Due to open in early 2008, the new facility will be majority owned by NYSE Euronext, with
Caisse des Dépôts as the main shareholder. It will offer an organized continuous market to
facilitate spot transactions in CO2 allowances and credits, with services ranging from trading
to settlement. There are also plans to develop derivative products, which enhance market
liquidity and depth.
The initiative will be backed by NYSE Euronext's international network and its know-how in
managing securities markets and by the acknowledged expertise of Caisse des Dépôts in
carbon finance, especially emissions trading technology and settlement activities.