OPIS Trade Link

Full-day assessment for RINs, LCFS and CFP credits traded on OTC Direct

Gain greater visibility into biofuel credit trading and lower your costs

Real-time market news + reported trades + live bids and offers now in ONE platform

OPIS Trade Link is a collaboration between OPIS and digital marketplace OTC Direct that creates a venue for electronic trading of 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. OTC Direct allows market participants to submit bids, offers and execute deals for all credits needed to show compliance with the RFS, with no transaction fees. OPIS Trade Link reported deals conducted on OTC Direct will be given preeminent weight in formulating the OPIS benchmarked daily assessment range. This ensures the most accurate, transparent compliance credit pricing.

We’ve updated OPIS Trade Link with the trusted daily news and reported trades from the OPIS editorial team – fed directly into the OTC Direct Markets trade platform – making it your most comprehensive and valuable source of biofuels and carbon credit information.

OPIS is 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.

Providing a vital link between essential market intelligence and real-time trades executed on the OTC Direct Markets platform, with OPIS Trade Link each day, in near-real-time you will see:

  • Reported trades for D6 and D4 RINs, California LCFS and Oregon CFP credits
  • Midday market analysis
  • News alerts offering insight on price moves, regulatory actions, market activity, and more

All in conjunction with the bid, offer and deal activity you see on the screen. And what you see on the screen informs the OPIS assessments for the day ensuring the most accurate, transparent compliance credit pricing.

This single platform provides greater visibility into biofuels and carbon credit trading.

Request access and be among the first to leverage the advantage of executing RINs, LCFS and CFP trades on OTC Direct with OPIS Trade Link assessments and exclusive market insight.

 

Accurate, transparent compliance credit pricing

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 the OTC Direct digital marketplace.

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Key Features and Benefits

  • Now featured on the recently added News tab:
    • Reported trades for D6 and D4 RINs, California LCFS and Oregon CFP credits
    • Midday market analysis
    • News alerts offering insight on price moves, regulatory actions, market activity, and more
  • Full-day trading in real-time from 9 a.m. to 5:15 p.m. Eastern time.
  • Free to trade if you are entering positions – no brokers fees.
  • OPIS Trade Link reported deals conducted on OTC Direct will directly inform the assessment that creates the benchmarked OPIS price.
  • All renewable identification number (RINs) credit categories – D6, D4, D5, D3, D7 – as well as credits tied to the clean energy programs in California (LCFS) and Oregon (CFP) are tradeable on the platform.
  • Easier price discovery with increased visibility into how the credits are trading on a single, comprehensive platform.
  • Offers the clearest picture of where biofuels compliance credits are trading, providing buyers and sellers with assurance that they are getting the best price.
  • Addresses regulators’ and market participants’ concerns that the RINs market is opaque.
  • Provides more stability and fairness in pricing with greater full-day price transparency in real time.
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Stay in touch with the biofuel credit trading market at all times

OTC Direct mobile app now available!

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 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.

Now available on the App Store and on Google Play.

 

Hear what traders are saying about OPIS Trade Link on OTC Direct…

“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 Trade Link Partners

OTC Direct Markets

OTC Direct is a digital online marketplace 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 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.