GFI Group, the US interdealer derivatives broker, has launched the first electronic platform for emissions trading in the over-the counter-market as exchanges develop products for a market that already has a strong presence in Europe and emerging countries.

EnergyMatch, will initially carry sulfur dioxide and nitrogen oxide emission contracts brokered by Amerex Brokers. Last year ,GFI paid $86m (€59m) to acquire Amerex Energy, which has been a broker for electric power, natural gas and emissions products and related derivatives in North America in 2001.