AirCarbon Exchange (ACX) has partnered with Eventus to launch a market surveillance program for the Voluntary Carbon Market. ACX will use the Eventus Validus platform for trade surveillance, transaction monitoring and anti-money laundering (AML) in its spot and forthcoming derivatives markets globally.
The VCM was created to drive financing activities that reduce greenhouse gas emissions globally.
Due to the emerging nature of carbon credits as an asset class, markets for carbon credits currently operate without the controls of more conventional financial instruments such as commodity derivatives. ACX launched in 2019 with a vision of bringing efficiency and liquidity to these voluntary markets, as well as to increase transparency and trust to levels seen in more established markets.
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