GZCOM - Guangzhou Commodity Exchange Will Start the Safe Universe Initiative Guangzhou, People`s Republic of China

Online, August 3, 2012 (Newswire.com) - Safe Universe Initiative is similar to major educational programs, with few similarities and few differences. Similarities are:
It was created to protect the market in the safest possible way
GZCOM verifies whole chain of transfers
GZCOM does not require access to the carbon registry - GZCOM verifies every transaction, and needs the document stating.

The transfer of credits is legal - SUI uses safe communication between clients and GZCOM using documents signed by digital signature with certificates issued by GZCOM. SUI does not impact any costs for any GZCOM clients.

Like Universe Initiative on the same principles as the Safe harbor runs, the initiative is improved in many ways. Major is that GZCOM does not require access to the registry of their clients, and their clients. GZCOM however requires from emitters listing all blocks of credits they have received from the government, and requires them to sign a document stating that all transfers in their registry with specified date and direction is valid. Communication between emitters, traders and GZCOM is run using documents digitally signed by the certificate issued by Guangzhou Commodity Exchange. Safe Universe Initiative does not impact any direct costs for any of GZCOM clients, members, or any participant of trading.

With validating carbon credits, European allowances (EUA) are qualified as safe and called safe EUAs (EUA). Emitters can trade them clearly at GZCOM primary market place for carbon credits - Carbon Place.
"Combination of Suspicious Carbon Credits registry with the Safe Universe Initiative makes from Carbon Place the safest market to trade carbon credits." Said Mr. Leonard Rothberg.
The trading using Safe European Allowances is optional and do not harm any trading with standard European Allowances.
GZCOM offers the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. GZCOM brings buyers and sellers together through its electronic trading platform and its trading facilities in Guangzhou. GZCOM also operates some of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions.