24 March 2018
visit www.nextgenbanking.co.uk

Deutsche Bank provides clearing for new Munich Stock Exchange carbon trading venue

20 May 2009  |  2311 views  |  0 Source: Deutsche Bank

Deutsche Bank's Global Transaction Banking division is pleased to announce that it has entered into a co-operation agreement with Bayerische Börse AG, the operator of the Munich Stock Exchange in Germany.

Under the agreement, the Munich Stock Exchange will offer a spot trading venue for EUAs (European Units of Allocation) and CERs (Certified Emission Reduction units) at competitive prices, with clearing, settlement and custody provided by Deutsche Bank.

This partnership between two long-established and highly respected financial institutions combines carbon trading with fast, automated clearing and settlement services, enabling efficient and secure trading in a strongly regulated environment.

Trading is planned to commence in summer 2009, subject to customary conditions.


Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Register your place todayVisit www.vasco.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
14746 views 0 | 8 tweets | 5 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
12196 views comments | 16 tweets | 35 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
11836 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
10726 views comments | 14 tweets | 32 linkedin
Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCentGermany's N26 readies for US launch with E...
8704 views comments | 15 tweets | 10 linkedin

Featured job

Find your next job