Spectron brokers first California carbon option
The Climate Action Reserve CRT (Carbon Reduction Ton) Option was a December 2009 Chicago Climate Futures Exchange CRT $8 call with a $0.88 premium. The counterparties involved were CQuest Capital, a carbon finance business, and DigiLog Global Environmental, an environmental fund developed by trading firm TradeLink.
"I am pleased that C-Quest Capital was able to participate in this pioneering trade of a Climate Action Reserve options contract," said Ken Newcombe, chief executive officer at C-Quest
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