OPIS Trade Link is a collaboration between OPIS and online trading platform OTC Direct that creates electronic trading for Renewable Identification Number (RIN) credits under the U.S. Renewable Fuel Standard (RFS) as well as California Low Carbon Fuel Standard (LCFS) and Oregon Clean Fuels Program (CFP) credits.
Make savvier buying and selling decisions with reliable price data based on real-time trades of compliance credits.
OPIS is widely considered to be the benchmark price reporting agency in the RIN market and its assessments for the two most-widely traded credits – D6 conventional ethanol and D4 biomass-based diesel RINs – are backed by ICE contracts. OPIS Trade Link, operating on the OTC Direct platform, will enhance transparency, price discovery and liquidity in the high-value RIN, LCFS and CFP credit markets in line with the IOSCO (PRA) Principles of Oil Price Reporting guidelines.
RFS obligated parties, renewable fuel producers, and fuel distributors and retailers will see lower trading costs, increased visibility into the credit trading market, and improved daily price assessments from OPIS when they buy and sell compliance credits on OPIS Trade Link.
Get all the functionality of the desktop version – plus trade notifications – when you are on the go. Whether in a meeting, out to lunch, walking the dog ... wherever you are you will be able to stay up to date with market activity. Get OTC Direct on your iPhone or Android mobile device. Access is easy, just use the same username and password as your desktop version.
The way the platform is structured with OPIS’ RIN assessment is going to bring great value to energy trading companies.
The right people and the price reporting agency - we base our contracts off OPIS. If this does not work, nothing ever will.
Other attempts at platforms over the years lacked the knowledge of the ins and outs, of the day-to-day. OPIS Trade Link and OTC Direct have addressed all concerns.
After my OPIS Trade Link demo, I think it's excellent and will help bring volumes back.
The functionality, transparency, credit matrix ... they have done an excellent job and we’re excited to get behind it.
OPIS (Oil Price Information Service) delivers pricing and analysis you can trust across the entire fuel chain – in real time, worldwide. Learn more about OPIS' RINs and Carbon Credit price and news coverage and its expertise in Renewable Fuels.
OTC Direct is a digital online market place for over-the-counter (OTC) commodities. The technology has been in production for five years in agricultural markets and two years in biofuels markets in partnership with Blackstar Markets.
Blackstar are an established brokerage in the biofuels space. They are bringing their expertise to broker certain markets on OTC Direct. As an NFA registered broker they provide block futures liquidity on OTC Direct.