Global spot FX already trades over $1 trillion daily and according to a recent study by Cognotec, annual revenues to retail brokers in margined FX already exceed $1 billion. Nascent carbon and water markets currently trade a small fraction of their underlying supply but these markets are massive, with each underlying commodity holding similar value to world oil production/consumption of $2 trillion at $65/barrel. Mainstream brokers will increasingly seek to offer their customer access to these markets.


Last year mankind consumed over 30 billion barrels of oil worth US$2 trillion at $65/barrel. Mankind also contributed globally 38 billion tons of CO2 in 2007 which at US$50/tonne also factored to US$2 trillion. Our consumption of 3.3 Gigalitres of fresh water at $600/GL (half the marginal cost of desalination; half the price reached in Australian water trading last year) also totalled US$2 trillion. This consumption is significant when compared to global GDP of US$70 trillion and world trade of US$15 trillion. Carbon and water are the next big markets, both destined to become more valuable than oil, as trading in these commodities gains traction.

In 2007 only Australia offered open trading of water; it summed to AU$1B valued at $AU50M in commissions at the prevailing rate of 5%.Both Australia and Europe offered CO2 emissions trading; they summed to US$80B. Contrast this trade with cash FX volumes in excess of US$1 trillion per day.In FX, the equivalent of world trade is transacted in less than a month; in water, it takes a decade to trade the equivalent of the annual underlying water tradable in the Australian Murray Darling Basin (MDB)). In carbon it takes a century at the rate traded in 2007.

In 2007 a handful of specialist retail FX brokers earned US$1B in revenues doing less than 5% of the global spot FX trading volume. Had they traded this business on futures exchanges they would have earned only a tiny fraction of this income.Instead they have developed their own online OTC trading platforms where they operate as market makers. These brokers raised over $750M in growth capital from mid 2007 to Jan 2008.

Mainstream brokers have not yet entered this market because they do not have the technology nor the domain expertise to develop this technology to trade margined FX. Nor do these mainstream agency brokers want to be market/book-makers in FX. They are also unwilling to hand over their valued clients to the brokers/platforms of these marginal specialists.So they are missing a very lucrative business. They are also failing to offer their active traders access to this increasingly popular market. Most industry experts agree that emissions markets are set to become one of the largest volume markets in the world. Better known to the public than FX, these markets should soon offer an even larger opportunity for retail brokers than margined FX.

GREENEYE provides a systemic solution for these brokers including new patented market mechanisms, complete trading platform (with over one hundred man years of software development) and string of critical business partners that combine to multiply participation, trading volume, liquidity, efficiency and profits for all of its participants.