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.
Make savvier buying and selling decisions with reliable price data based on real-time trades of compliance credits.
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.
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.
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.
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 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.
OPIS compiles carbon pricing and information for the fuel industry in one convenient report to help you manage and track your environmental compliance costs and stay aware of regulatory changes.Learn More
OPIS can provide custom historical pricing assessments and news dating back more than 20 years for gasoline, diesel, natural gas liquids, jet fuel, refinery feedstocks, heavy oils/bunker fuel, crude, biofuels and RINs.Learn More
Keep up with the pace of the ever-changing renewable fuels market with OPIS Ethanol & Biodiesel Information Service. This email service includes real-time news, daily and weekly pricing and market analysis.Learn More