ICE - Intercontinental Exchange Inc.

04/23/2024 | Press release | Distributed by Public on 04/23/2024 07:37

Introducing Alberta TIER Futures on ICE NGX

ICE NGX introduced the first cleared futures on Alberta's Technology Innovation and Emissions Reduction (TIER) regulation. Alberta's TIER seeks to manage Alberta's greenhouse gas emissions through a government mandated market where entities covered under the system have annual obligations.

The new futures contracts, for physically delivered AB Emissions Offsets Futures (AEO) and AB Emissions Performance Credit Futures (AEPC), let entities buy, sell, and hedge their exposure to the credits and the escalating Alberta TIER fund price.

Access the webinar replay to learn about the key features of the new contracts.