Selling NZUs: how to list

This page walks through offering NZUs for sale on Carbon Trader®, from where the button is to what happens after a buyer takes your lot. It covers both ways of selling: from units held in your Carbon Trader® Wallet, and from units held in your organisation's own account on the New Zealand Emissions Trading Register (NZETR).

Before you start

You need three things. If any are missing the listing form will tell you which one.

• An approved account. Your account status must be active and your verification approved. See Registration and secure verification.
• Somewhere for the units to come from. Either a balance in your Carbon Trader® Wallet, or your own NZETR account details recorded on your profile. See Profile, bank, wallet and ETS details.
• Bank account details for the sale proceeds, on the same profile page.

Where to find it

Sign in and open your dashboard. In the menu on the left, under Trade, choose Sell NZUs. Then choose New listing.

Create a listing

1. Sell from. Choose your Carbon Trader® Wallet or your own ETS account. These behave differently after you submit — see the next section. If your ETS account details are not on your profile, that option is unavailable and says so.
2. Quantity. The number of NZUs, as a whole number.
3. Starting price per NZU. Bidding opens here. The form shows the resulting price for the whole lot as you type, so the per-unit price and the lot price can never disagree.
4. Reserve per NZU (optional). Your lot will not sell below this. It must be at or above the starting price.
5. Buy-now per NZU (optional). Lets a buyer take the whole lot instantly at this price. It must be above the starting price, and at or above the reserve.
6. Closes. The date and time bidding ends, in New Zealand time. It must be in the future.
7. Title and description (both optional). This is what a buyer sees first. If you leave the title blank it defaults to the quantity.

You are asked to confirm the quantity and price before the listing is created.

What happens next depends on where the units come from

Selling from your Carbon Trader® Wallet

The lot is published straight away, and the quantity is reserved from your wallet balance so the same units cannot be committed twice. The reservation is released if the listing closes without a sale, or if you withdraw it.

Selling from your own ETS account

The lot is created immediately but is not visible to buyers yet. Because the units sit in your own NZETR account rather than with us, Carbon Trader® confirms first that they are there and available for the sale. Your listing shows Awaiting escrow until that is done, and the screen says in plain words that buyers cannot see it yet.

To confirm, we need proof that the units are in the account recorded on your profile — see the next section. You do not transfer the units to us to list them. They stay in your own account until settlement.

Once confirmed, the lot goes live and you are emailed to say so.

Proof of your units

If you are selling from your own NZETR account, send us proof that the units are there before your lot goes live. Email it to info@carbontrader.nz with your listing reference, or reply to the confirmation email for the listing.

You only need to do this for units held in your own account. Units already in your Carbon Trader® Wallet need no proof — we can see them.

What the proof needs to show

Whatever form it takes, we need to be able to read five things:

• The account holder name, matching the name on your Carbon Trader® profile.
• The account number, matching the NZETR account on your profile.
• That the units are NZUs — the Register holds other unit types too.
• A quantity at least as large as the lot you are listing.
• A date, recent enough to still mean something. As a rule of thumb, within the last month.

How to produce it

Sign in to the Register at emissionsregister.govt.nz with your RealMe login, then:

1. Go to the relevant Account Holder.
2. Select Accounts and transactions from the left-hand menu.
3. Select the account from the table.

The Account details screen shows the units held by that account, including the breakdown of unit types and unit blocks, alongside the account details themselves. That screen is the simplest thing to send us.

Accepted forms of proof

Any one of these is enough. Most people use the first.

• A PDF print of the Account details screen. In your browser, choose Print and then Save as PDF. Include the whole page so the account holder name and account number are on it.
• A screenshot of the Account details screen, taken full-window rather than cropped to the number.
• A report exported from the Register. Select Reports in the left-hand menu under the Account Holder to see the reports available for your account.
• A transaction export from the Account screen, if the units arrived recently and the transfer into your account is visible on it.
• Your allocation decision letter from the EPA, together with one of the above. On its own it shows what you were entitled to, not what is in the account today — so we still need to see the balance.

What is not enough

• A figure typed into an email. We are not doubting you; we simply cannot verify a number that has no source.
• An image cropped so the account holder name or account number is not visible — those are the two things being checked.
• A statement from several months ago, when units may have moved since.
• Proof of an entitlement rather than a holding, such as an allocation decision on its own.

If a third party has a claim over your units

The Register allows a security interest — where someone else, usually a lender, has a claim over some or all of the units in your account and a minimum balance must stay in it. If that applies to your account, tell us when you send your proof. A transaction that would take the balance below the minimum needs that party's approval, and it is far better to know before your lot is in front of buyers than at settlement.

What we do with it

We check that the account holder name and account number match your profile, and that the quantity covers your lot. The Register also publishes an Accounts report of all open accounts, searchable by account number and account holder, which we can use to confirm the account is open and held in your name.

Your proof is held against your listing record and is not published or shown to buyers. We will never ask for your RealMe login, your password, or access to your Register account, and you should refuse anyone who does.

Tracking your listing

Every listing you create appears under Sell NZUs in Your listings, in every state — including before it is visible to buyers. Each row says what is happening and what happens next.

When a buyer takes your lot

Your units are not transferred on the strength of a bid. The buyer's payment is escrowed first, and the unit transfer is coordinated at settlement, so you are never without both the units and the money at the same time. See Payments, fees and settlement.

Withdrawing a listing

Choose Withdraw on the listing row. You can withdraw at any point up until it sells — a lot that is awaiting buyer funds, settling or settled can no longer be withdrawn, because a buyer is already committed. Wallet reservations are released when the withdrawal completes.

Pricing and fees

You set the price. Carbon Trader® does not quote, recommend or value NZUs, and does not set a reference price for your lot.

A success fee applies on settlement, not on listing — creating a listing costs nothing, and nothing is charged if your lot does not sell. The full schedule is published at carbontrader.nz/fees, and there is a plain-language summary in the fee schedule appendix.

Other ways to sell

• Sell into a buy request. If a buyer has posted what they want, you can fill it at their offered price without creating a listing. See NZU marketplace trading.
• Private quote room. For larger or more structured parcels, request quotes rather than posting publicly. See Private quote room and RFQs.
• Forestry sellers with units to place over time may want Forestry and managed settlement.

If something is not working

If Sell NZUs is missing from your menu, or the New listing button is unavailable, the screen states the reason — most often that verification is not yet approved. If the reason is not clear, email info@carbontrader.nz and say what you are seeing. See also Troubleshooting and support.

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