19 January 2018
visit http://response.ncr.com

Nyse Euronext and Caisse des Dépôts to launch carbon trading facility

23 October 2007  |  2206 views  |  0 Source: Nyse Euronext

Nyse Euronext and Caisse des Dépôts today announced their intention to open an organized international market to trade CO2 allowances and credits.

They plan to provide a full range of exchange-based services to the carbon emissions market at the global level.

Due to open in early 2008, the new facility will be majority owned by NYSE Euronext, with Caisse des Dépôts as the main shareholder. It will offer an organized continuous market to facilitate spot transactions in CO2 allowances and credits, with services ranging from trading to settlement. There are also plans to develop derivative products, which enhance market liquidity and depth.

The initiative will be backed by NYSE Euronext's international network and its know-how in managing securities markets and by the acknowledged expertise of Caisse des Dépôts in carbon finance, especially emissions trading technology and settlement activities.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
11667 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
7097 views comments | 11 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
6510 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
6296 views 1 | 6 tweets | 2 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job