What we do

We buy and sell emissions trading instruments on our own account for our clients, and arrange structured emission trading transactions. 

We work and trade with over 1,000 clients in Europe, international banks, financial institutions, funds and large traders.

We trade on all the main carbon exchanges, including EEX and ICE.


Our clients and counterparties include:

  • Industrial companies which are part of the EU Emission Trading Scheme
  • CDM and JI project owners which trade CERs from projects
  • Trading houses and banks with emissions trading desks
  • Governments that buy and sell emissions instruments

Most of our clients are based in the European Union but we do business globally.

The products we broker include spot and forward trades of EU Allowances, CERs; swaps between vintages and different instruments; repos and forward transactions with advance funding for raising working capital. 

Much of our work is to do with helping clients solve problems profitably. Clients might need to raise funding, overcome technical obstacles with registries or bureaucracies, understand and reduce risks their business is exposed to. We design trades and investments to address such problems. For some case studies click here.

vertis blog


The European Parliament’s post-2020 reform package explained
20 February 2017
On 15 February, the European Parliament adopted its position on the Phase 4 reform of the EU ETS. The report was adopted...
Bring it in – Price forecast competition 2017
16 January 2017
Last January we invited our clients receiving the Daily Newsletter to do the impossible and guess the highest settlement...

trading room


EUA Dec17: 5 euro gravity to be tested by high supply
20 February 2017
The risk of the plenary vote about the post-2020 reform kept traders away from the carbon market last Monday. The price...
EUA Dec17: Uncertainty about plenary vote pushed down the carbon price
13 February 2017
Despite slipping to 5.06 euro in the first hours of trading on Monday, the EUA Dec17 recovered after the strong auction...
EUA Dec17: Moving in a narrowing triangle
06 February 2017
After opening with a 3 cents gap up, the EUA Dec17 climbed higher continuously last Monday. The price hit an intra-day maximum...

the bustard blog