ACX is centralising its clearing function in Singapore. This strategic move will allow for streamlined processes and optimised service delivery for its clients, and will provide ACX greater flexibility in responding to market dynamics and client needs.

Launched in mid-December 2023, this contract has witnessed its first trade, giving buyers confidence that they are investing in credits high in environmental integrity, this achievement underscores the market's confidence in the viability and efficacy of such contract.

ACX Group is pleased to announce the successful connection of AirCarbon Pte. Ltd.’s Singapore based trading platform (“ACX SG”), with the regulated environmental instruments exchange operated by ACX Ltd and ACX Clearing Corporation Ltd (“ACX Exchange”) in the Abu Dhabi Global Market (“ADGM”). This exciting enhancement represents an important step in ACX Group’s strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated under the regulated oversight of the ACX Exchange.

ACX Ltd (ACX), the leading environmental Recognised Investment Exchange, associated with its Recognised Clearing House, both regulated by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM), proudly unveils its latest milestone with the inaugural listing of American Carbon Registry (ACR) standard carbon credits on the ACX Carbon Market Board (CMB). The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.