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        We named the company Evolution because markets constantly change. Our brokers are here to help you manage risk and profit from evolving global environmental and energy markets.

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          Seamless trade execution. Innovative risk management. Bespoke structured transactions.

          Learn more about Evolution Markets’ award winning brokerage services

      • Markets We Serve
          • Carbon Markets
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            We have the longest continuous presence in carbon markets of any firm. We are a recognized leader in renewable energy markets.

            And now we offer unique hedging and risk management opportunities for the coming energy transition.

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        Recognition

        Evolution Markets provides brokerage services in energy and environmental commodity markets. This focus and specialization gives us a unique edge, and our commitment to these markets has paid off for our clients. 
        Evolution Markets has been continually recognized for excellence in brokerage services and market development by our peers.

        Below is a list of our accolades, most bestowed by participants in the markets we broker.

        Environmental Finance Annual Survey

        The Environmental Finance Annual Survey is the leading benchmark for companies serving global environmental markets. Evolution Markets has been consistently recognized for its best-in-class brokerage services in global carbon and renewable energy markets.

        2022 Evolution Markets recognition in the following categories: • Best broker, spot & futures: EU Emissions Trading System • Best broker, options: EU Emissions Trading System • Best broker, spot & futures: UK Emissions Trading System • Best broker, spot & futures: North American Markets (California) • Best broker: North American Markets (RGGI) • Best broker, secondary market (ie issued CERs/ERUs): Kyoto Project Credits (JI and CDM) • Best broker: Renewable Energy Certificates - Europe Evolution Markets has also been awarded runner up in the following categories: • Best broker, options: North American Markets (California) • Best broker: Renewable Energy Certificates - North America

        2020 Best Broker, Spot & Futures - EU Emissions Trading System

        2020 Best Broker, Options - EU Emissions Trading System

        2020 Best Broker, Options - North American Carbon Markets (California)

        2020 Best Broker (Runner-up), Spot & Futures - North American Carbon Markets (California)

        2019 Best Broker, Spot & Futures - North American Carbon Markets (California)

        2019 Best Broker, Options - North American Carbon Markets (California)

        2019 Best Broker - North American Carbon Markets (RGGI)

        2019 Best Broker, Spot & Futures - EU Emissions Trading System

        2019 Best Broker, Options - EU Emissions Trading System

        2019 Best Broker, Renewable Energy Certificates (North America)

        2019 Best Advisory (Runner-Up), Renewable Energy Certificates (North America)

        2018 Best Broker, Spot & Futures – North American Carbon Markets (California)

        2018 Best Broker, Options – North American Carbon Markets (California)

        2018 Best Broker, North American Carbon Markets (RGGI)

        2018 Best Broker, Spot & Futures – EU Emissions Trading Scheme

        2018 Best Broker, Renewable Energy Certificates (North America)

        2017 Best Broker, Spot & Futures – North American Carbon Markets (California)

        2017 Best Broker, Options – North American Carbon Markets (California)

        2017 Best Broker, North American Carbon Markets (RGGI)

        2017 Best Broker, Spot & Futures – EU Emissions Trading Scheme

        2017 Best Broker, Options – EU Emissions Trading Scheme

        2017 Best Broker, Secondary Market – Kyoto Project Credits (JI and CDM)

        2017 Best Broker (Runner-Up), Renewable Energy Certificates (North America)

        2017 Best Broker (Runner-Up), Renewable Identification Certificates

        2016 Best Broker, Spot & Futures – North American Carbon Markets (California)

        2016 Best Broker, Options – North American Carbon Markets (California)

        2016 Best Broker, North American Carbon Markets (RGGI)

        2016 Best Broker, Spot & Futures – EU Emissions Trading Scheme

        2016 Best Broker, Options – EU Emissions Trading Scheme

        2016 Best Broker (Runner-Up), Renewable Energy Certificates (North America)

        2016 Best Advisory (Runner-up), Renewable Energy Certificates (North America)

        2016 Best Broker (Runner-up), Weather Risk Management (North America)

        2015 Options – North American Carbon Markets (California): Best Broker

        2015 North American Carbon Markets (RGGI): Best Broker

        2015 Spot & Futures – EU Emissions Trading Scheme: Runner Up

        2015 Options – EU Emissions Trading Scheme: Best Broker

        2015 Renewable Energy Certificates (North America): Best Broker

        2015 Advisory – Renewable Energy Certificates (North America): Runner Up

        2014 Spot & Futures – EU Emissions Trading Scheme: Best Broker

        2014 Options – EU Emissions Trading Scheme: Runner Up

        2014 Secondary Market Kyoto Project Credits (CERs/ERUs): Best Broker

        2014 Spot & Futures – North American Carbon Markets (California): Best Broker

        2014 Options – North American Carbon Markets (California): Best Broker

        2014 North American Carbon Markets (RGGI): Best Broker

        2014 Renewable Energy Certificates North America: Best Broker

        2013 Spot, Futures & Options – EU Emissions Trading Scheme: Best Broker

        2013 Secondary Market Kyoto Project Credits (CERs/ERUs): Best Broker

        2013 North American Carbon Markets (California): Best Broker

        2013 North American Carbon Markets (RGGI): Best Broker

        2013 Renewable Energy Certificates North America: Best Broker

        2012 Options (EUA/CERs): Best Broker

        2012 Spot & Futures (EUA/CERs): Best Broker

        2012 Secondary Market Kyoto Project Credits: Best Broker

        2012 North American Carbon Markets (California): Best Broker

        2012 North American Carbon Markets (RGGI): Best Broker

        2012 SO2: Best Broker

        2012 NOx (Reclaim): Best Broker

        2012 NOx: Best Broker

        2012 Renewable Energy Certificates North America: Best Broker

        2012 Weather Risk Management North America: Runner Up

        2012 Weather Risk Management Asia: Best Broker

        2012 Weather Risk Management Europe: Runner Up

        2011 Options (EUA/CERs): Best Broker

        2011 Spot & Futures (EUA/CERs): Best Broker

        2011 Best Primary Originator Kyoto Project Credits

        2011 Secondary Market Kyoto Project Credits: Best Broker

        2011 North American Carbon Markets (California): Best Broker

        2011 North American Carbon Markets (RGGI): Runner Up

        2011 SO2: Best Broker

        2011 NOx (Reclaim): Best Broker

        2011 NOx: Best Broker

        2011 HGA NOx: Best Broker

        2011 Emissions Reduction Credits (ERCs): Runner Up

        2011 Renewable Energy Certificates North America: Best Broker

        2011 Weather Risk Management North America: Best Broker

        2011 Weather Risk Management Asia: Best Broker

        2011 Weather Risk Management Europe: Runner Up

        2010 Options (EUA/CERs): Best Broker

        2010 Spot & Futures (EUA/CERs): Runner Up

        2010 Best Primary Originator Kyoto Project Credits

        2010 Secondary Market Kyoto Project Credits: Best Broker

        2010 North American Mandatory Markets (Mandatory & pre-compliance): Best Broker

        2010 SO2: Best Broker

        2010 NOx (Reclaim): Best Broker

        2010 NOx: Runner Up

        2010 ERCs: Runner Up

        2010 Renewable Energy Certificates North America: Best Broker

        2010 Weather Risk Management North America: Best Broker

        2010 Weather Risk Management Asia: Best Broker

        2010 Weather Risk Management Europe: Runner Up

        2010 Catastrophe Risk Management Global: Runner Up

        2009 Options: Best Broker

        2009 Secondary Market (i.e. issued CERs/ERUs): Best Broker

        2009 North American Mandatory Markets (e.g. RGGI): Best Broker

        2009 Offsets: Best Broker

        2009 SO2: Best Broker

        2009 NOx (Reclaim): Best Broker

        2009 ERCs: Best Broker

        2009 Renewable Energy Markets: Best Broker

        2009 Weather Risk Management, North America: Best Broker

        2009 Catastrophe Risk: Best Broker

        2009 NOx: Runner Up

        2009 Weather Risk Management, Europe: Runner Up

        2009 Weather Risk Management, Asia: Runner Up

        2008 North American Mandatory Markets: Best Broker

        2008 EU Emissions Trading Scheme Spot and Futures: Runner Up

        2008 EU Emissions Trading Scheme Options: Runner Up

        2008 Kyoto Project Credits (JI and CDM): Best Broker

        2008 Kyoto Project Credits (JI and CDM) Best Primary Originator: Runner Up

        2008 Voluntary Markets: Best Broker

        2008 Renewable Energy Certificates - North America: Best Broker

        2008 Emissions SO2: Best Broker

        2008 Emissions NOx: Runner Up

        2008 Emissions NOx RECLAIM: Best Broker

        2008 Emissions - Houston/Galveston: Best Broker

        2008 US Weather Derivatives: Runner Up

        2008 Europe Weather Derivatives: Runner Up

        2007 SO2: Best Broker

        2007 US RECs: Best Broker

        2007 NOx RECLAIM: Best Broker

        2007 ERC: Best Broker

        2007 EU Emissions Trading Scheme: Runner Up

        2007 GHG North America: Best Broker

        2007 Kyoto Project Credits: Best Broker

        2007 NOx: Runner Up

        2007 US Weather Derivatives: Runner Up

        2006 SO2: Best Broker

        2006 US RECs: Best Broker

        2006 NOx RECLAIM: Best Broker

        2006 ERC: Best Broker

        2006 EU Emissions Trading Scheme: Best Broker

        2006 GHG North America: Best Broker

        2006 Kyoto Project Credits: Runner Up

        2006 NOx: Runner Up

        2006 US Weather Derivatives: Runner Up

        2005 SO2: Best Broker

        2005 US RECs: Best Broker

        2005 NOx RECLAIM: Best Broker

        2005 ERC: Best Broker

        2005 NOx: Runner Up

        2005 NOx Houston/Galveston: Runner Up

        2005 EU Emissions Trading Scheme: Runner Up

        2005 GHG North America: Runner Up

        2005 US Weather Derivatives: Runner Up (Joint)

        2004 Best SO2 Broker

        2004 Best REC (US) Broker

        2004 Best EU Emissions Broker

        2004 "Runner Up" Best Weather (US) Broker

        2003 Best SO2 Broker

        2003 Best NOx Broker

        2003 Best REC (US) Broker

        2003 Best EU GHG Broker

        2003 "Runner Up" Best Weather (US) Broker

        2002 Best SO2 Broker

        2002 Best NOx Broker

        2002 "Runner-up" Best REC Broker

        2001 Best SO2 Broker

        2001 Best NOx Broker

        2000 Best SO2 Broker

        Energy Risk Awards

        Each year Energy Risk magazine honors the top companies participating in global commodity markets. Evolution Markets is pleased to have been honored for excellence in brokerage service to our customers.

        2015 Broker of the Year

        2010 House of the Year: US Coal

        2008 Best Specialist Broker

        2007 House of the Year: European Emissions

        2004 House of the Year: Weather & Emissions

        Energy Risk Annual Commodity Rankings

        Energy Risk magazine’s Annual Commodity Rankings offer a guide to the top traders and brokers, as recognized by our peers. Evolution Markets global team of energy and environmental markets brokers have notched top spots in our core markets.  

        2020 Global Natural Gas - Brokers: First

        2020 Global Energy - Brokers: Fourth

        2020 Best Overall Institution - Brokers: Sixth

        2020 Natural Gas -- Henry Hub: Best Broker

        2020 Natural Gas -- Western US/Canada: Runner Up

        2020 Natural Gas -- LNG: Runner Up

        2020 Natural Gas -- PEG (France): Runner Up

        2020 Global Coal: Best Broker

        2020 EU Emissions Tradiing System: Runner Up

        2020 US Emissions Trading: Runner Up

        2020 US Power: Runner Up

        2020 Research in Emissions: Third

        2019 Power -- North America: Best Broker

        2019 Natural Gas -- Henry Hub: Runner Up

        2019 Natural Gas -- Eastern U.S. & Canada: Runner Up

        2019 Emissions -- North America: Runner Up

        2018 Power -- North America: Runner Up

        2018 Natural Gas -- Henry Hub: Runner Up

        2018 Natural Gas Liquids -- North America: Runner Up

        2017 Emissions: Best Broker

        2016 Emissions: Best Broker

        2016 Weather: Best Broker (Runner Up)

        2015 Emissions: Best Broker (Runner Up)

        2014 US Coal: Best Broker

        2013 US Coal: Best Broker

        2013 Asia-Pacific Coal: Best Broker (Second Runner Up)

        2013 Weather Derivatives: Best Broker

        2013 European Union Allowances: Best Broker (Runner Up)

        2012 US Coal: Best Broker

        2012 US Weather Derivatives: Best Broker

        2012 European Weather Derivatives: Best Broker (Runner Up)

        2011 US Coal: Best Broker

        2011 US Weather Derivatives: Best Broker (Runner Up)

        2011 European Weather Derivatives: Best Broker (Runner Up)

        2010 US Coal: Best Broker

        2010 Asia coal: Best Broker (Second Runner Up)

        2010 European ETS Allowance (EUA) Options: Best Broker

        2010 Certified Emissions Reductions (CERs) Primary: Best Broker

        2010 CERs Secondary: Best Broker

        2010 CER Options: Best Broker

        2010 US SOx and NOx: Best Broker (Runner Up)

        2010 US Weather Derivatives: Best Broker (Runner Up)

        2010 European Weather Derivatives: Best Broker (Runner Up)

        2010 US Voluntary Emissions Reductions: Best Broker (Runner-Up)2010 EUA Options: Best Broker

        2010 European Union ETS Allowances (EUAs): Best Broker (Runner-Up)

        2010 CERs - Primary (CDM): Best Broker

        2010 CERs - Secondary (CDM): Best Broker (Runner-Up)

        2010 ERUs - Primary (JI): Best Broker

        2010 UK - Renewable Obligation Certificates: Best Broker (Runner-Up)

        2010 US - SO2 & NOx: Best Broker

        2010 US Renewable Energy Certificates: Best Broker

        2010 Regional Greenhouse Gas Initiative (RGGI): Best Broker

        2010 European Voluntary Emissions Reductions: Best Broker (Runner-Up)

        2010 US Voluntary Emissions Reductions: Best Broker (Runner-Up)

        2009 US Coal: Best Broker

        2009 US Renewable Energy Certificates: Best Broker

        2009 European ETS Allowance (EUA) Options: Best Broker (Second Runner Up)

        2009 Certified Emissions Reductions (CERs) Primary: Best Broker

        2009 CERs Secondary: Best Broker (Runner Up)

        2009 US Voluntary Emissions Reductions (Runner Up)

        2009 US Weather Derivatives: Best Broker (Runner Up)

        2009 European Weather Derivatives: Best Broker (Second Runner Up)

        2009 Global Weather Derivatives, Temperature: Best Broker (Second Runner Up)

        2009 European Union ETS Allowances (EUAs): Best Broker (Second Runner Up)

        2009 EUA Options: Best Broker

        2009 CERs - Primary (CDM): Best Broker (Runner Up)

        2009 CERs - Secondary: Best Broker (Second Runner Up)

        2009 ERUs - Primary (JI): Best Broker (Runner Up)

        2009 UK Renewable Obligation Certificates: Best Broker (Second Runner Up)

        2009 US SO2 and NOx: Best Broker

        2009 Renewable Energy Certificates: Best Broker

        2009 US Regional Greenhouse Gas Initiative (RGGI): Best Broker (Runner Up)

        2009 European Voluntary Emissions Reductions: Best Broker (Runner Up)

        2009 US Voluntary Emissions Reductions: Best Broker

        2008 US Coal: Best Broker

        2008 US Renewable Energy Credits: Best Broker

        2008 Eastern US Natural Gas - Options: Best Broker (Second Runner Up)

        2008 Western US Natural Gas - Options: Best Broker (Second Runner Up)

        2008 Western US Natural Gas - Short Term: Best Broker (Second Runner Up)

        2008 European ETS Allowances Trading: Best Broker (Runner Up)

        2008 US Weather Derivatives: Best Broker (Runner Up)

        2008 US SOx and NOx: Best Broker (Runner Up)

        2008 US - Weather Derivatives: Best Broker (Runner Up)

        2007 Best Broker , U.S. Coal

        2007 "Runner Up" Best Broker, Western U.S. Natural Gas - Short Term

        2007 "Second Runner Up" Best Broker, Western U.S. Natural Gas - Long Term

        2007 "Runner Up" Best Broker, U.S. SO2 and NOx

        2007 "Runner Up" Best Broker, Europe CERs trading

        2007 "Runner Up" Best Broker , U.S. Weather Derivatives

        2006 Best Broker, U.S. Environmental Products

        2006 Best Broker, U.S. Physical Forwards (Coal)

        2006 "Runner Up" Best Broker, U.S. Weather Swaps Brokerage

        2006 "Runner Up" Best Broker, European Weather Derivatives Brokerage

        2005 Best Broker, EU ETS Carbon Credits

        2005 Best Broker, US Physical Forwards (coal)

        2005 Best Research Provider, U.S. Environmental Products

        2005 Best Data Provider, U.S. Environmental Products

        2005 "Runner-up" Best Broker, US Weather Swaps Brokerage

        2005 "Runner-up" Best Broker, U.S. Environmental Products

        2004 House of the Year: Weather/Emissions

        2004 Best Broker, US Environmental Products

        2004 Best Broker, US Physical Forwards (coal)

        2004 "Runner-up", US Weather Swaps Brokerage

        Deloitte Fast 50

        Evolution Markets was named to Deloitte's 2007 New York Technology Fast 50. This survey ranks the fastest growing companies in New York and provides a valuable metric for corporate growth among the area's hottest companies. With 227% revenue growth over the last five years, this marks Evolution Markets second consecutive year on the list.

        2007 Deloitte's 2007 New York Technology Fast 50

        2006 Deloitte's 2006 New York Technology Fast 50

        Energy Business Awards 2006

        Evolution Markets was named a Silver Award Winner for Excellence in Energy Marketing and Communications in the 2006 Energy Business Award. Evolution Markets was recognized for its commitment to market education and price transparency. Evolution Markets' commitment to the development of emerging environmental markets has led the company to provide innovative tools for tracking market pricing through its evo.ID Web portal. In addition, the company continues to be at the forefront of market education with its active speakers bureau and market analysis "Executive Brief" newsletter.

        2006 Silver Award for Excellence in Energy Marketing and Communications

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