Overview
Overview
Initiativ is a digital exchange purpose-built for spot trading of emissions rights, starting with EU carbon allowances (EUA, EUAA, UKA) and looking to expand into adjacent commodity markets.
Designed to reflect the rules and rigor of regulated commodity trading, the platform brings together key infrastructure components into one interoperable stack:
A continuous order book, operating 9–18h CET with price-time matching
A Payment versus Delivery (PvD) mechanism, mediated by a Fiducie (trust)
A browser-based interface for seamless trading and user authentication
Full integration readiness for public registries and financial compliance frameworks
Initiativ bridges the gap between traditional emissions exchanges and modern financial infrastructure, offering real industrials a market-standard execution layer without intermediaries, opacity, or friction.
Core Principles
Regulated Settlement
PvD trust structure (Fiducie) + trading limits
Transparency
Real-time market data, anonymous execution
Simplicity
No clearing house, no derivatives, no intermediaries
Compliance
KYC/KYB, MR adherence, ESG/ETS compatibility
Accessibility
Minimum 1-ton lot sizes, full API exposure
Why It's Different
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