Monday September 2 2013
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: European Union
Link: http://cdn.eex.com/document/144810/20130902_Ausgliederung_Emissionsrechtemarkt.pdf
The European Energy exchange has transferred its Emissions Spot and Derivatives Markets into a separate company with the corporate name Global Environmental Exchange GmbH (GEEX). The spin-off to the wholly owned EEX subsidiary was approved on 6 June 2013, and entered in the commercial register on 30 August 2013 with retrospective effect as of 1 January 2013.
Click on the above link for more details.