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Munich Stock Exchange to offer spot carbon trading

The Munich Stock Exchange plans to enter the carbon market with the introduction of spot trading for European Emission Allowances (EUAs) and Certified Emission Reduction units (CERs) in the summer.

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

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