| The Guangdong emissions exchange on Wednesday became the first in China to release rules for forward trading in carbon, though all deals must be negotiated over the counter (OTC) as screen-based forward trading is banned in the country’s regional pilot schemes.
The exchange published the rules on its website in a bid to formalise a practice that, according to sources, some market participants have been doing informally. Under the rules, parties can negotiate forward trades of Guangdong Emissions Allowances (GDAs) and Chinese Certified Emissions Reductions (CCERs)...............................................Full Article: Source
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