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Flett Exchange has brought liquidity and transparency to the New Jersey Class 1 REC market via its Internet trading platform. Coupled with this Flett also provides clearing for all transactions. Sellers transfer RECs to the Flett Exchange escrow account via GATS. The RECs are held until funds clear in either the sellers bank account or the Flett Exchange escrow account. The market is for the spot trading of certificates.
Flett Exchange operates a Micro Exchange for the spot buying and selling of precious metals and renewable energy certificates. Flett Exchange also publishes daily settlement prices for its markets on its website. Customers can either execute on the Flett Exchange trading platform or speak to one of its brokers. www.flettexchange.com 201 209 0234 15 Exchange Place, suite 710 Jersey City, NJ 07302
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