CCX and IPE team up to offer EU emissions contracts

Under the cooperation and licensing agreement, the companies will launch a series of ECX CFI futures contracts relating to the EU emissions trading scheme by the end of the year. Cash products will follow in early 2005. London-based energy futures and options exchange IPE will list both the cash and futures products and trade them on its electronic platform, under licence from CCX. London-based clearing house LCH Clearnet is expected to clear the contracts.

Peter Koster, previously chief

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