FEX's product development plans include environmental products. Utilising FEX's sophisticated financial market infrastructure and platforms, FEX is currently developing and operating markets for:
FEX's environmental OTC markets opened in November 2008 with an initial trade of Renewable Energy Certificates on the Mercari market.
Mercari serves as a neutral and unbiased third party service provider. The electronic platform essentially guarantees minimum standards and certainties of price, volume, liquidity and credit. Investors and developers of large scale renewable projects such as wind and solar farms also understand the improved certainty an investment grade forward price curve can provide. The daily LGC closing rates can be seen at lgc.mercari.com.au.
For more information on the Mercari LGC market end of day close, please contact email@example.com.