EUA & CER Futures - Market Maker Programme

ICE Futures Europe and ECX have a Market Maker Programme for ICE ECX CER Contracts. Please see the terms below. For more information or to register your interest in this programme please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   at +44 (0)20 7065 7743.

The Market Maker Program will run until 31 March 2010 with a maximum of four Market Makers being appointed. The Market Maker Program will apply from 07:00 to 17:00 hours London time.

(ii) make a market on the ICE Platform in these contracts for at least 85% of the time between 07:00 hours and 17:00 hours London time.

Commercial terms
Commercial terms In return for meeting the Market Making obligations set out above, the Exchange transaction fees will be rebated for all ICE ECX EUA Futures and ICE ECX CER Futures Contracts executed on the screen above a certain threshold by the Market Maker in each month.

The rebate will be paid monthly within 30 days of the end of the month in which they fulfilled the market making obligations. Market Makers will be exempt from any Volume Ratio Charging Structure in relation to trades in ICE ECX EUA Futures and ICE ECX CER Futures Contracts. Clearing fees will not be waived.

Participation The Exchange requests Members and their customers with an interest in becoming a Market Maker to contact Jason Pegley via telephone on +44 (0) 20 7065 7743 or email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

Successful applicants will be required to enter into an agreement with the Exchange in relation to the Market Maker Program.

Market Makers will be selected by the Exchange according to:

· their ability to meet the above obligations,

· the availability of appropriate IT systems to such applicant Market Maker; and

· the relevant experience of such applicant Market Maker; The Exchange will agree with each Market Maker appropriate administrative, system and back office arrangements in order to allow the Exchange to monitor a Market Maker’s commitments.

The Exchange reserves the right to suspend or withhold payment of part or all the rebates for failure to meet the agreed commitments.

Market Maker Circular

1. Click here to download