Chicago Climate Futures Exchange® (CCFE®) operates the leading U.S. marketplace for environmental derivatives, financial instruments with underlying values based on tradable environmental assets.
CCFE's suite of environmental products provides market participants with the ability to hedge exposure to risk and make informed investment decisions in emissions markets, and renewable energy markets.
Standardized contracts centralize the source of liquidity and reduce transaction costs.
Central Clearing The Clearing Corporation (CCorp) is CCFE's clearing service provider. They provide clearing services and ensure the financial integrity of futures and options contracts traded on CCFE and eliminate counterparty credit risk.
Regulation CCFE is a Commodity Futures Trading Commission (CFTC) Designated Contract Market. Additionally, market surveillance is provided by the National Futures Association (NFA).
Price Transparency CCFE enhances market efficiency by providing price transparency that can be referenced for trading, risk management and speculation purposes.
Direct Access Via Web-Based Electronic Trading Platform The CCFE futures and options trading platforms are directly accessible via secure web-based applications.
CCFE's parent company was acquired in July of 2010 by IntercontinentalExchange, a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets. The acquisition was a culmination of a long-standing partnership bringing together leading global energy and climate markets.
Chicago Climate Futures Exchange (CCFE) announced plans to wind down operations in August of 2011. Effective as of February 28, 2012 there is no remaining open interest in contracts at CCFE and all contracts have been delisted.