Russell Karas is the Senior Vice President for the Strategic Market Solutions division at Xpansiv, the world’s largest infrastructure provider for environmental commodities. He leads business development and product management for Xpansiv’s exchange, portfolio-management system (Xpansiv Connect), and data business. Russell’s business lines focus on developing and scaling carbon and renewable energy markets, managing strategic customers and partnerships, and enhancing trade execution and risk management systems.
Prior to Xpansiv, Russell spent a decade at CME Group overseeing the Environmental and North American Crude and Refined businesses. At CME he launched more than 100 derivative contracts, including the Global Emissions Offset (GEO) and Nature-based Global Emissions Offset (N-GEO) futures contracts developed with Xpansiv. He has a B.A. from Hofstra University’s Honor College in Political Science and Economics, an M.S. in International Affairs and an M.B.A. in Finance, Strategy, and Marketing from New York University.