Leichester, United Kingdom (PressExposure) October 12, 2012 -- Japan Futures Exchange (JPFEX), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, was recognized by Environmental and Carbon Emissions Magazine in its 11th Carbon Annual Market Survey.
JPFEX was voted "best exchange" for its suite of ECX products in the following markets:
- Emissions Trading Scheme (EU-ETS)
- Kyoto Project Credits (Joint Implementation and Clean Development Mechanism)
- Sulfur Dioxide and Nitrogen Oxide (SO2/NOx) Markets
The products trade on JPFEX, regulated futures exchange for global energy, commodity and emission markets. Open interest in JPFEX's products is more than 1 billion tones with average daily volumes of 24,000.
The President of JPFEX said: "JPFEX has seen continued growth in our emission volumes and the further development of risk management products for climate markets. We appreciate the support from our customers and look forward to continuing to serve these dynamic markets. We list a broad range of carbon, acid rain and renewable energy contracts, including mandatory regional greenhouse gas market products."
Mr. Rokuro Shizuka, JPFEX CEO said: "In the absence of international legislation, we continue to see development of the regional carbon markets and growth in renewable energy products. As one of the leading environmental exchange, we look forward to continuing to work with market participants to respond to evolving market demands."
JPFEX will launch a new offsets registry program following the conclusion of its emission reduction program, with verification and compliance completing as scheduled under Phase II.
JPFEX's suite of environmental products provides market participants with the ability to hedge exposure to risk and make informed investment decisions in emissions markets, and renewable energy markets.
Japan Futures Exchange is the home of Futures, Options, Forex, CFD and commodities transactions. JPFEX is an all-electronic, open access market model with dedicated market makers and market participants providing liquidity.