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New environmental market created: Montreal Climate Exchange

Aims to Address Climate Change and Other Environmental Concerns

MONTREAL and CHICAGO, Dec. 7 /PRNewswire/ - The Montreal Exchange (MX), Canada's financial derivatives exchange, and Chicago Climate Exchange(R) (CCX(R)), the world's first and North America's only voluntary, legally binding rules-based greenhouse gas emissions allowance trading system, announced today the signing of a Letter of Intent to develop a new joint venture to create the Montreal Climate Exchange, a Canadian environmental products market. As part of the Letter of Intent, CCX and MX will develop trading, clearing, and registry services for Canadian environmental products. Th...


postedPosted : August 12, 2009 | More commentsComments : 0 | Bookmark and Share



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