NYSE Euronext (NYX) is expanding its focus on environmental and sustainable energy initiatives through a joint venture, NYSE Blue, with APX, Inc., the company announced Tuesday, September 7.
NYSE Blue includes NYSE Euronext’s existing investment in BlueNext, a world leader in the carbon credit markets and APX, Inc., a leading regulatory infrastructure and services provider for environmental and sustainable energy markets. NYX will be a majority owner of the new venture, while shareholders of APX include Goldman Sachs and MissionPoint Capital Partners will have minority stakes in NYSE Blue.
The NYSE Blue joint venture will offer a broad range of services and solutions including integrated pre-trade and post-trade platforms, environmental registry services, a front-end solution for accessing the markets and managing environmental portfolios, environmental markets reference data, and the BlueNext trading platform. Additionally, NYSE Blue has plans to begin global expansion with North American and Asia.