Gary Cox provides a specialist Consulting & Training service to Financial, Energy and Environmental market participants. He is a widely experienced executive who brings recognised expertise acquired from over 25 years “hands on” management and participation across Merchant Banking, Precious metal, Electricity and Environmental markets. An extensive career in Money Markets covering cash, securities, futures and options lead to senior managerial roles in Capital Markets, Gold banking and Brokering. As a broker, Gary initially specialised in interest rate option products and quickly gained a reputation for a technical approach developing various valuation screens and services that became industry bench marks.With deregulation of the Australian energy markets Gary applied a similar analytical process to the domestic electricity market with a particular concentration on Environmental products and Emissions.Gary provides a bespoke consultancy service as follows Key Competencies• Training in Financial Derivative, Electricity, Environmental & Emissions markets• AFSL functions in a dealing & broker environment• Trading and Broker protocol – how to use a broker • Weather derivatives and weather hedging techniques• “End of Day” (EoD) Electricity & Environmental market valuations• Electricity market pricing calculators• Interest Rate, Commodity & Energy Option pricing• Option volatility calculations, surfaces and skewIndustry Participation• Former member of the Clean Energy Regulator Carbon advisory panel• An AFMA representative on the Garnaut Climate Change Review• Former member of the AEMO Gas market Hub Reference Group• Membership of various AFMA Committees over time ranging from Interest Rate Options, Electricity, Gas, Environmental & Carbon markets• Recognition by industry as listed in Honours & Awards in this profile

Manage the Energy and Environmental Derivatives desk with a specialist focus on domestic renewable energy and the Australian carbon market. ICAP Energy Australia has developed ICAP "Green Set" which sets a price at 10.15am each business day on Renewable Energy Certificates (LRECs) and Small Scale Technology Certificates (STCs). "Green Set" is derived from actual trades or live market prices on the day.With carbon trading starting in Australia (again) our product range has expanded to cover ACCU's issued under the Carbon Farming Initiative (CFI) and repurchase/outright sales of free issue Carbon Units. ICAP facilitates access to a wide range of offshore emissions markets with a particular focus on CER's and EUA's in the EU ETS.From May 2012, I moved to an expanded role of Energy & Commodities - Asian Pacific covering LNG, Gas and Shipping as well as carbon and environmental products.

Covering all domestic Green Energy and Renewable option and forward products including RECs, NGACs, VERs, 13% GECs as well as contracts in the OTC and exchange traded National Electricity Market. Newedge Australia also facilitates transactions in offshore Carbon markets such as EUAs and CERs in America and Europe.We were the first broker to execute an OTC transaction in the new National Emissions Trading Scheme and currently carry live prices on our trading screen. Gary is a member of the AFMA Carbon Committee and was one of their representatives on the Garnaut Climate Review.Newedge also facilitates transactions in weather derivatives and coal products.