Munich Stock Exchange to offer spot carbon trading

Investment bank Deutsche Bank has entered into an agreement with Bayerische Börse, the operator of the Munich Stock Exchange in Germany, to provide clearing, settlement and custody for the exchange's new carbon offering.

Andreas Schmidt, managing director of the Munich Stock Exchange, says the likely continued increase in spot volumes have prompted the exchange's decision to move into the carbon markets. "We've decided to enter the market because we expect continued growth in spot voumes. Also,

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