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Date de publication: 20 mai 2013
Auteur: Y B
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Le CME Group, la plus importante société de bourse de contrats à termes du monde, a publié un communiqué de presse dans lequel elle annonce le lancement des premières transactions avec le nouveau système de compensation sur Ethanol RINs Futures.

Le premier contrat à terme Ethanol Renewable Identification Number a été autorisé le mercredi 15 mai sur CME ClearPort.

"Nous sommes heureux de voir cette première opération Renewable Identification Number d'éthanol et sommes impatients de travailler avec les clients et les autres acteurs du marché pour leur offrir de nouveaux produits innovants qui aident à gérer les risques dans les marchés de l'énergie." a déclaré Gary Morsches, directeur général de Global Energy au CME Group

Résumé :

CME Group, the world's leading and most diverse derivatives marketplace, today announced the first Ethanol Renewable Identification Number (RINs) futures contract was cleared Wednesday, May 15 over CME ClearPort. This trade was brokered by StarFuels Inc.

"As the most actively traded market for North American gasoline, ultra-low-sulfur diesel and ethanol futures contracts, our new RINs products make a good complement to our existing suite of services," said Gary Morsches, Managing Director Global Energy at CME Group. "We're pleased to see this first trade in Ethanol RINs, and look forward to working with customers and other market participants to offer innovative new products that help manage risk in the energy markets."
James Damask, Manager at StarFuels, added, "Our clients are very excited about the new suite of RINs futures. With these contracts, they will be able to hedge their price risk exposure, achieve increased liquidity, and eliminate credit risk."

This launch comes at a time when CME Group's suite of Ethanol futures and options contracts are trading at record levels. The Ethanol complex has averaged between 5,000-6,000 contracts a day in 2013, which is up over 25% since 2012.

RINs futures provide a useful hedge for the price risk associated with the U.S. Environmental Protection Agency's (EPA) renewable fuel standard (RFS2). The EPA has created a credit trading system for compliance with RFS2 for various types of renewable fuels based on units called RINs.

These contracts are listed by and subject to the rules of NYMEX.

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