European partnership plans emissions trading market

The market will be provide a harmonised settlement-delivery mechanism, straight-through processing from transaction to delivery and will be open to all participants owning an account in one of the 25 CO2 emissions registries, Euronext said in a statement.

Euronext will compete with Germany’s European Energy Exchange and Nordic region power exchange Nord Pool, which both plan to launch spot markets in emission allowances in March, once the national registries of emission allocations are up and

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