First ETC from KraneShares on Xetra: Access to futures contracts for CO2 emission certificates worldwide

The KraneShares Global Carbon Strategy ETC Securities tracks the performance of the S&P Global Carbon Credit Index. This index comprises the most liquid markets for futures contracts on CO₂ emission certificates, including futures contracts on European and UK emission certificates, Californian carbon certificates and emission certificates from the Regional Greenhouse Gas Initiative.

Emissions trading is a market-based instrument of environmental policy to combat environmental pollution. Companies that emit carbon dioxide (CO₂) must hold so-called emission rights in the form of certificates. One certificate certifies the emission of one tonne of carbon dioxide. If a company wants to emit more carbon dioxide than it has certificates for, it can buy the emission rights from other companies. The number of emission allowances issued by the relevant region is limited.

The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,238 ETFs, 195 ETCs und 243 ETNs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.