CME ready for green derivatives push - Democratic Underground

phantom power

(1000+ posts) Send PM | Profile | Ignore

Tue May-12-09 10:43 AM
Original message

CME ready for green derivatives push

A carbon derivatives market... what could go wrong?

CHICAGO (Reuters) - CME Group, the world's largest derivatives exchange, is gearing up for a U.S. cap-and-trade carbon policy that could mean a boom in "green" futures and options trade, a top CME official said on Monday.

"We're positioned to take advantage of that should the energy policy and energy legislation go in the way of a tradable emissions and credit market," CME Chief Executive Craig Donohue told the Reuters Exchanges and Trading Summit in New York in a telephone interview.

http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE54A4RZ20090511

Printer Friendly | Permalink | | Top

Iwanicki

(4 posts) Send PM | Profile | Ignore

Fri May-15-09 11:40 PM
Response to Original message

1. Wrong?

Its Good

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Thu May 16th 2024, 05:14 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.