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AMO
Notice
Market Participants are advised that ASX has formally lodged the Environmental Futures Rules and Procedures with ASIC. Environmental Futures will be available to trade from Monday 29th July 2024, with the Rules and Procedures coming into effect on the same day, subject to final regulatory approval.
ASX Environmental Futures are designed to support Australia and New Zealand’s decarbonisation efforts and transition to net zero. Each product is listed out to five years, providing a transparent forward curve for the market to price and manage the risk of the energy transition. Three new products will be listed covering:
· Australian Carbon Credit Unit’s (ACCU’s)
· Large-scale Generation Certificates (LGC’s); and
· New Zealand Units (NZU’s).
Please refer to the product factsheet for more information.
What do I need to do by when?
Participants are encouraged to review the Rules and Procedures and product factsheet prior to the 29th July 2024.
Market Participants wanting to trade ASX Environmental Futures should be in contact with their Clearing Participant to ensure they are aware of the listing and intend to clear the new product(s) from go live. All Participants wanting to go to delivery should ensure they have a registry account set up prior to the first delivery in 2025.
Need more information?
Issued by
Monique Bell, Manager, Commodities
Contact information
Commodities@asx.com.au
or