Climate Impact X (CIX) would like to inform members and other market participants that the CIX Operating Procedures and Rulebook have been updated with immediate effect.
The clauses and rules that have been updated are as follows:
CIX Operating Procedures
| Clause | Amendments |
|---|---|
| Part A (Common) | Updated Clause 3 |
| Part C (CIX Auctions) | Added Clauses 1 and 5 Updated Clauses 2, 3 and 4 |
| Part D (CIX Exchange) | Added Clause 4 |
| Appendix III – Schedule of Fees | Updated transaction fees for CIX Marketplace and CIX Auctions |
CIX Rulebook
| Rule | Amendments |
|---|---|
| Annex II Part A (CIX Marketplace Rules) | Updated Paragraphs 3 and 4 |
| Annex II Part B (CIX Marketplace Definitions) | Updated definitions of ‘Buyer Transaction Confirmation’, ‘Confirmation’, ‘Seller Pre-Sale Confirmation’, ‘Seller Transaction Confirmation’ |
| Annex III Part A (CIX Auctions Rules) | Updated Paragraphs 3, 4, 5 and 6 |
| Annex III Part B (CIX Auctions Definitions) | Removed definitions of ‘Auction Participation Information’, ‘Minimum Round Price Increment’, and ‘Unimproved Losing Bid’ Added definitions for ‘Cash Balance Account’ and ‘Disqualified Bid’ Updated definitions for ‘Bid Attrition’, ‘Minimum Bid Price’, ‘Minimum Bid Price Increment’, and ‘Supply Stack’ |
| Annex VI (Product Disclaimers) | Updated Paragraph 2 Added Paragraph 3 on Article 6 Credits |
The summary of changes is also documented on the last page of the Operating Procedures and Rulebook, under the section ‘Document Revision History’.
Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this market notice.
For any queries on this notice, please reach out to CIX’s support team at +65 3135 1620 or email support@climateimpactx.com.
