TVCM Settle is a standardized settlement service for voluntary carbon credit transactions on The Voluntary Climate Marketplace (TVCM). Our goal is to enhance user experience, providing speed and flexibility to our already robust trading platform. The service enables approved participants on TVCM to transfer funds and carbon credits between buyer and seller anonymously via IncubEx Settlement Services, Inc.’s registry and bank account operated by JP Morgan Chase Bank NA, thus providing more certainty and efficiency as well as a faster transaction turnaround period.
All transactions are confirmed and reconciled by the TVCM team. Joining the program is simple, and users can begin to trade using TVCM Settle immediately upon approval. The TVCM Settle program will be offered through Trayport’s Joule platform, a leading global electronic trading solution that provides an independent marketplace with best-in-class transparency for our participants.
TVCM Settle Benefits
Settlement on a T+2 timeline means that your transaction will be processed up to three weeks faster than other financial market transactions.
Maintain anonymity through the TVCM Settle program – your banking and registry details are only shared with TVCM and your identity is never disclosed to the counterparty.
No Fee Service
There are no additional* fees for the standard TVCM Settle service.
*Headline trade fees will apply for all transactions.
With TVCM Settle, you expand your settlement options. TVCM Settle participants can select their preferred settlement on an order-by-order basis.
Joining TVCM Settle
We’ve streamlined the TVCM Settle approval process:
- Complete the application for review.
- TVCM will conduct an enhanced diligence process.
- Approvals can we completed in 3 days or less.
Want to join TVCM?
Want to know more about TVCM, TVCM Settle, voluntary carbon offsets and how to start trading? Drop us a line and our team will get in touch with you.