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Futures pioneer Richard Sandor praises EU emissions scheme

Posted on 01 October 2013

One of the founding fathers of the modern futures industry has described Europe’s struggling emissions trading scheme as performing “brilliantly”, saying it has far exceeded its goal.
Richard Sandor, credited with pioneering both the world’s most widely traded interest rate futures contract and the cap-and-trade business in the US for greenhouse gas emissions, told the Financial Times that financial markets were continuing to innovate in the environment………………………………………..Full Article: Source


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