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Nasdaq pulls plug on carbon indexes

Posted on 11 July 2012

Nasdaq OMX Group (NDAQ) is terminating nearly a dozen indexes tied to carbon, the latest shift in a market that’s proving tough to build in the U.S. Carbon trading has caught on in Europe, but markets in the U.S. and Asia can charitably be described as nascent.
Back in April, competitor NYSE Euronext (NYX) said it was scaling back its joint carbon trading venture, NYSE Blue. “We felt there really was no obvious traction” for expanding into the US and Asia, NYSE Euronext chief executive Duncan Niederauer was quoted by Dow Jones Newswires at the time as saying………………………………………..Full Article: Source

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