Three of the world’s largest exchanges are among those bidding to win the contract to auction Britain’s emissions trading allowances, after IntercontinentalExchange on Monday confirmed it had submitted a tender. ICE Futures Europe, the London-based operations of the US futures exchange, also said that UK regulators had given it recognised auction platform status, a stepping-stone to allow the platform to conduct carbon permit auctions.
Tuesday, February 21, 2012
ICE makes UK ETA carbon trading platform bid
Three of the world’s largest exchanges are among those bidding to win the contract to auction Britain’s emissions trading allowances, after IntercontinentalExchange on Monday confirmed it had submitted a tender. ICE Futures Europe, the London-based operations of the US futures exchange, also said that UK regulators had given it recognised auction platform status, a stepping-stone to allow the platform to conduct carbon permit auctions.
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