Greenmarket Exchange
| greenmarket exchange
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|---|---|
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| legal form | Public commodity exchange |
| founding | September 2009 |
| resolution | June 30, 2012 |
| Seat | Munich , Germany |
| management | Robert Ertl, Marc Feiler |
| Branch | Commodity exchange |
The greenmarket commodity exchange was part of Bayerische Börse AG. Greenmarket was founded in September 2009 for trading in emission allowances ( CO 2 certificates ) - European Union Allowances (EUAs) and Certified Emission Reductions (CERs). Bayerische Börse AG ended trading in CO 2 emission certificates on June 30, 2012 . The volumes traded on European stock exchanges had fallen dramatically to almost zero. Emissions trading lacked the prerequisites for liquid exchange trading. The reasons for this ranged from damage to the company's image through stolen emissions certificates and VAT fraud to oversupply through largely free certificates and the resulting expiration of prices.
Web links
Individual evidence
- ↑ Start of the new CO2 exchange “greenmarket”. Press release from the Munich Stock Exchange. (No longer available online.) October 5, 2009, archived from the original on March 5, 2016 ; accessed on September 22, 2015 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ The Bavarian Stock Exchange ends CO2 trading. Press release from the Munich Stock Exchange. (No longer available online.) May 22, 2012, archived from the original on June 17, 2016 ; accessed on September 22, 2015 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
