Environmental Trading in both Greenhouse Gas Allowances and Renewables has grown rapidly in recent years, boosted by US and global legislative changes. There are already multiple European and US markets for Renewable Certificates backed either by tax incentives or compulsory targets. The EU Emissions Trading Scheme (EU ETS) has seen dramatic increases in volumes following the establishment of national allocation plans with compliance and speculative trading continuously increasing.

GFI offers anonymity, price discovery, and efficient voice and electronic trade execution in the following markets:

• EU Emissions Trading Scheme Allowances (EUAs)
• UK Renewable Obligation Certificates (ROCs)
• Certified/Verified Emissions Reductions (CERs/VERs)
• UK Levy Exemption Certificates (LECs)
• Renewable Energy Certificates (RECs)
• Gasoline and Diesel Sulfur Credits
• Options on various environmental products
• Sulfur Dioxide (SO2) and Nitrogen Oxides

GFI subsidiary Amerex brokers the following environmental products from its offices in Sugar Land, Texas:

• NOx SIP Call
• U.S. EPA NOx Budget Program
• SO2
• Regional NOx (e.g. HGB)
• ERCs, DERCs & VOCs
• RINs
• RECs, and are an industry leader in structured emissions products.

In addition to the UK and US, GFI brokers the following carbon market products in Singapore:

• EUETs
• AAUs
• ERUs
• CERs
• VERs
• Local Asian Carbon Credits