20 August 2017
Find out more

Bloomberg platform used for UK carbon allowances auction

19 November 2008  |  771 views  |  0 Source: Bloomberg

This morning's auction of UK Carbon Allowances for Phase II of the EU Emissions Trading System will be conducted via the auction system on the Bloomberg Professional service.

This will be the first-ever auction of UK Carbon Allowances. The United Kingdom Debt Management Office ("DMO"), the Executive Agency of Her Majesty's Treasury for the auction of UK EU Emissions Trading System ("ETS") allowances, will conduct the auction on behalf of the Department of Energy and Climate Change (DECC).

Since 2006, the DMO has used the Bloomberg Bond Auction System for the collection of bids at all auctions of UK Government securities (gilts). Bloomberg has enhanced its auction system to facilitate the auction of UK-issued EU Allowances, reflecting its ongoing commitment to the development and support of the global financial markets.

The Bloomberg Auction System, which is accessible on the BLOOMBERG PROFESSIONAL service via the function AUCS < GO >, allows issuers to perform their auction tenders with dealers selected by the issuer, who submit their bids via Bloomberg.

Bloomberg has demonstrated a continuing commitment to sustainability and to the emissions markets, with the most comprehensive suite of information and analytics for investors in the emissions markets. The BLOOMBERG PROFESSIONAL service integrates news, pricing, statistics and legal and regulatory information on all major emissions markets around the world including the EU ETS. Bloomberg users can find more information via the function EMIS < GO > on the BLOOMBERG PROFESSIONAL service.

 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Bloomberg

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9839 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8332 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7903 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
7688 views 0 | 2 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7164 views comments | 15 tweets | 13 linkedin

Featured job

Find your next job