Our Services
ICAP-NZCX offers a full range of emissions trading services.
Introduction
ICAP-NZCX emissions trading services are designed to meet the needs of primary and secondary traders taking into account the typical (corporate client) trading parcel size.
Our services include:
- traditional Over The Counter (OTC) brokerage for domestic NZETS and international Kyoto unit trades on a spot or forward physical basis.
- bespoke services for structured transactions.
We also offer an Escrow settlement services facility to assist clients in mitigating counter-party risk.
Domestic (NZETS) Trading Services
The table below refers to trades in New Zealand Units (NZUs).
[For other unit types including PFSI and PRE AAUs we offer bespoke transaction services]
| ICAP-NZCX Trading Service |
Minimum Volume per Trade | |
|---|---|---|
| 5,000 units | 10,000 units | |
| Spot | √ | |
| Bespoke | √ | |
| Forward | √ | |
International Trading Services
The table below refers to trades in CERs and/or ERUs.
[For other unit types including New Zealand Forestry AAUs and PRE AAUs we offer bespoke transaction services]
| ICAP-NZCX Trading Service |
Minimum Volume per Trade | |
|---|---|---|
| 10,000 units | 20,000 units | |
| Spot | √ | |
| Bespoke | √ | |
| Forward | √ | |
How to trade with ICAP-NZCX
Client requirements are set out clearly in our engagement checklist.