Chicago Climate Futures Exchange® (CCFE®) operates the leading U.S. marketplace for environmental derivatives, financial instruments whose underlying values are 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, renewable energy certificate markets, sustainable equity index markets and insurance markets linked to catastrophic weather events.

CCFE offers: 

• Standardized Contracts

  Standardized contracts centralize the source of liquidity and reduce transaction costs. 
• Central Clearing House
  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 (DCM). 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 launched in 2004 and is part of the Climate Exchange plc (LSE: CLE.L) group of companies, which comprise the world’s leading exchanges specializing in environmental derivatives. Also owned by Climate Exchange Plc are the European Climate Exchange® (ECX®) and the Chicago Climate Exchange® (CCX®), of which CCFE is a subsidiary. ECX is the dominant exchange by trading volume for carbon derivatives in the European Union Emissions Trading Scheme.