OTC Direct set to launch online RIN trading platform December 2

In the UK, Bloomberg reports OTC Direct will launch its online trading platform on Dec. 2 that will allow for trading RINs and LCFS credits for California and Oregon in an effort to bring transparency to those markets. The company says 35 companies are currently signed up to use the platform along with another 70 which are awaiting finalization, which together it is hoped will bring sufficient liquidity for the new mechanism to work straight out of the gate.