These products to be traded on the "green" trading platform include futures, options and swap contracts related to climate change, environmental challenges and renewable energy. According to the plan, the products initially traded are contracts related to carbon emissions, including carbon emissions stipulated in the EU emissions trading system and carbon credit lines stipulated by the United Nations clean development mechanism.
The "Green" Exchange is jointly established by NYMEX Holding Company, Morgan Stanley, Credit Suisse, Merrill Lynch and JPMorgan Chase. The owner of the transaction is expected to become a member of the US Futures Trading Commission in 2009.
According to the regulations of the United Nations, developed countries and their enterprises use modern technology to help developing countries reduce greenhouse gas emissions by investing in wind power and hydropower, or transforming energy facilities. The resulting carbon emission reduction quotas allow mutual transfer, that is, they can be bought and sold through certain organizational forms.