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GreenX To Unveil 2013 CER Futures
KOKS is seeking to raise up to $520 million in an initial public offering.
Green Exchange(GreenX) will launch a futures contract for Certified Emission Reduction Units (CER) for post-2012 delivery,Mondovisionereports. The physically deliverable CERplusSM Futures contract will be available for trading February 27, 2011 for trade date February 28, 2011.
The product introduces a new underlying unit of trade, Relevant CERs, and will be an addition to the current IDM CER Futures contracts. The new futures contract will be listed on the GreenX Designated Contract Market and will be cleared byCME Clearing. It will trade onCME Globexand will be available for OTC clearing throughCME ClearPort.
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