Trading apples for oranges in this case, HFC for CO2 undermines the purpose of the credit-trading scheme: to encourage emissions reductions at the lowest marginal cost.
The US federal government has responded to the Chesapeake Bay challenge by imposing a limit on the amount of pollutants that can flow into the Bay and letting states set up credit-trading programs to promote the most efficient reductions possible.
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On Tuesday, CME Group and Citadel announced they would be creating an electronic trading platform for credit-default-swap contracts.
PWG, which is taking a lead in a host of other areas, including reform of credit ratings and the derivatives-trading infrastructure.
Michael Petrick -- who heads the company's corporate credit group -- will become co-head of institutional securities sales and trading.
There must be a lot of investors--or credit speculators--who are cavalier about corporate defaults because junk bonds are trading at yields only modestly higher than the yields on safe U.S. Treasury bonds.
Abrams, who started out with Goldman Sachs researching derivative trading strategies and later worked at Credit Suisse and then Merrill Lynch as co-head of US equity derivative trading, founded Titan Capital Group in 2001.
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German bonds reflect the country's strong economy, triple-A credit rating and ease of trading or liquidity in the market.
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The bank says traders would always be tempted to look at unpublished credit research and analysts to peek at non-public trading positions if they continued to sit together.
French bank Societe Generale announced that its recent trading scandal aggravated problems stemming from the credit crisis, leading to a fourth-quarter loss.
But the banks are closing down fresh credit - and the courts are due to hear bankruptcy proposals from the trading firm's domestic creditors on Thursday after talks with foreign lenders broke down.
He also said the Fed is encouraging the development of a central counterparty clearing system for trading in credit default swaps and working on strengthening the resiliency of the short-term secured funding markets that left Bear in the lurch in March.
Clearwire shares are trading higher Tuesday morning after Credit Suisse analyst Jonathan Chaplin upped his rating on the WiMax-based wireless carrier to Outperform from Neutral.
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First unveiled in 2005, EU-ETS requires aircraft operators flying within EU airspace to participate in a carbon credit trading program.
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This, most believe, is best achieved by using banks' own credit-risk models, much as their internal models are used to allocate capital in trading operations.
The SEC said he went to great lengths to conceal his trading which was financed in part with a home-equity line of credit using seven brokerage accounts that weren't in his name.
There are now some glimmers of optimism in the investment-banking world, where trading books have already been marked down ferociously and credit exposures to the real economy are more limited.
Evolution has taken a 15% stake in a new carbon-trading venture called Green Exchange, a joint venture with Nymex and rivals, including Credit Suisse and JPmorgan Chase.
And the Public Accounts Committee (at 3.15pm) returns to its hearing on the effectiveness of consumer credit regulation - having berated Wonga and other lenders last week, the regulators, the Office of Fair Trading, and the Financial Services Authority will be in the committee's sights this time.
Barclays, for instance, has good figures on fraud in its credit-card business, but until recently it kept no records on how many times its dealers have breached trading controls.
At Bank of America, just to continue the example, fourth-quarter profits were down 95% over the previous year, after write offs for credit exposures, trading losses and rising credit costs.
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