News
Point Carbon survey shows EU ETS ‘significantly’ reducing emissions
Global carbon markets in 2006 saw transactions of 1.6 billion tonnes of carbon dioxide equivalent (CO 2 e) worth €22.5 billion, according to environmental market analyst and information provider Point Carbon, who has just completed a survey of the carbon…
CO2e.com and Cantor Environmental Brokerage join forces
Carbon broker CO2e.com and Cantor Environmental Brokerage announced today that they are joining forces to create CantorCO2e
Exclusive – Gore calls for 2010 climate change treaty
Former US vice-president, Al Gore, today called for a new climate change treaty, which would bring the US and China on board, to come into force at the start of 2010
RWE npower plans £1bn clean coal power station in UK
RWE npower today set out plans for a 1,600 megawatt (MW) clean coal power station to replace its existing coal-fired station in Tilbury, Essex, UK
Constellation Energy to acquire Progress contracts
Constellation Energy is to acquire power and gas contracts from Progress Ventures, a subsidiary of North Carolina-based Progress Energy.
CQS to launch Asian volatility fund
CQS, the London-based hedge fund manager with €4.5 billion under management, is preparing to launch the CQS Asia Fund. The fund, to be managed by Jean-Christophe Blanc, will go live in the coming weeks. CQS is seeking to raise $250-$350 million, and will…
CME to launch new weather derivatives
The Chicago Mercantile Exchange (CME) is to expand its range of weather derivatives with the launch of its Weekly Weather Index futures and options, beginning April 2.
ICE announces new futures timeline
IntercontinentalExchange (ICE) has announced it will launch electronically traded New York Board of Trade (Nybot) financial futures contracts in April.
CME launches weekly weather derivatives
The Chicago Mercantile Exchange (CME) will launch futures and options on a weekly weather index of 18 US cities from April 2.
Deutsche Börse loses CFO and COO in restructuring
Deutsche Börse’s chief financial officer Matthias Hlubek and chief operating officer Matthias Ganz have resigned, as part of a restructuring that could see capital distributed to shareholders.
Credit quality improving in February, defaults delayed to 2008
Hawaii-based risk technology vendor Kamakura has reported a further drop in its monthly global index of troubled companies, signifying an improvement in global credit quality.
China sets up new unit to manage investment of reserves
The People’s Bank of China (PBOC) is setting up a new company or agency to handle the investment of a portion of the country’s huge foreign exchange reserves, but details have yet to be announced, according to Chinese press reports.
SuperDerivatives launches derivatives trading platform for hedge funds
London-based technology firm SuperDerivatives has launched an online multi-asset derivatives trading platform, designed for hedge funds.
RBS hires European ABS & CDO sales head
Steven Hulett has been appointed to the new position of European head of debt markets asset-backed security and collateralised debt obligation sales at Royal Bank of Scotland.