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Spectron brokers first California carbon option

Spectron Environmental, the environmental products division of commodities brokerage Spectron, has brokered the first cleared Californian carbon option.

The Climate Action Reserve CRT (Carbon Reduction Ton) Option was a December 2009 Chicago Climate Futures Exchange CRT $8 call with a $0.88 premium. The counterparties involved were CQuest Capital, a carbon finance business, and DigiLog Global Environmental, an environmental fund developed by trading firm TradeLink.

"I am pleased that C-Quest Capital was able to participate in this pioneering trade

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