Wayne Sharpe

From MarketsWiki
Jump to navigation Jump to search


Wayne Sharpe
Wayne Sharpe photo.jpg
Location Sydney, Australia

Wayne Sharpe is the founder of Carbon Trade Exchange (CTX), a global electronic platform for spot trading of voluntary carbon credits.[1] He was replaced as chairman of CTX in 2016 when it was rebranded as CBL Markets in a management buyout.[2]


Sharpe began studying the issue of climate change in the late 1990s and became increasingly concerned about lack of action to deal with it. After identifying a gap in communication and transaction capability between the business and environmental sectors, he became committed to providing the technology necessary to deliver the financial resources to a wide array of projects aimed at solving the challenge of climate change. [3]

He conceived and founded the exchange in 2007 and designed the technology and infrastructure. He then led the development of the platform, as the first global exchange based on Microsoft Azure cloud technology.[4]

He then designed and developed the technology interfaces with multiple registries (Voluntary and Regulated) and banks including Deutsche Bank and Westpac.[5]

He built relationships with every major carbon credit standard in the world, and all major environmental organizations and regulators. He speaks at key global events such as the UN Climate Change Conference, World Climate Summit, Carbon Expos and many other business summits.[6]

Before establishing Carbon Trade Exchange, Sharpe founded Bartercard, the world's largest non-cash credit unit (barter) exchange.[7][8]

During his tenure, Bartercard facilitated over $40 billion in trade, via more than 30 million transactions in 20 countries and currencies and at its peak had 136 offices worldwide. He served as CEO for 21 years, before selling the flagship operation in Australia in 2007 to establish Carbon Trade Exchange. He won every Barter industry award on offer (12) and had one created (Outstanding Achievement Award) in his honor. He is a member of the International Reciprocal Trade Associations (I.R.T.A.) Hall of Fame.[9]

Bartercard also won awards globally including Best International and Best Domestic Franchise system (Australia), Best Entrepreneurial Business (Hong Kong) and Best Business Tool (UK). Sharpe is also a Fellow of the Australian Institute of Company Directors and the Society of Senior Executives.

Sharpe sold his remaining shares of Bartercard in early 2012 to focus exclusively on CTX. He has been its sole investor in its first seven years from R&D to global operations.

In the late 1980s, he founded his own financial services company on the Gold Coast, Precision Financial Services, which still operates. He resides in the Gold Coast, Australia, and commutes to the CTX headquarters in Sydney. He counts many sports, particularly tennis and jet skiing, in his list of pursuits. He is also a philanthropist engaged in many annual charitable events, such as the Qantas CEO Cook Off initiative.


John Lothian News logo1.png

JLN News Feed

Multiple options expirations add to September market gyrations; Who are the smartest traders in the room?; Strike price pick no simple matter; The Spread – September 17, 2021
- Options markets take a bumpy ride ahead of simultaneous options and futures expirations;- John’s Take looks at why it's the smartest traders in the room who trade options;- Two crucial concep...

View Page

Triple Witching Roils Market Where Traders Pay Up for Hedges
Observations & Insight Options Veterans Forge New Path With Tried-And-True Strategy JohnLothianNews.com As its name suggests, Options Solutions is an options-centric asset-management firm,...

View Page

CME Group
CME Group announced Thursday that its SOFR futures contracts reached a new record, surpassing one million contracts of open interest on September 15.  Open interest reached 1,004,882 contracts, mar...

View Page

Why Free Trading Will Never Be Free
First Read $53,406/$300,000 (17.8%) ++++ Hits & Takes John Lothian & JLN Staff A gentle reminder. The NFA and NIBA announced a joint webinar about navigating regulatory requirements...

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.