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MCX starts trading in carbon credit futures

Mon Jan 21, 2008 10:49am IST
 
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MUMBAI (Reuters) - The Multi Commodity Exchange of India goes live with carbon credit futures trading effective from Monday, Joseph Massey, deputy managing director, told Reuters on Monday.

"Carbon credit futures have been allowed for trading under section 15 of Forward Contracts (Regulation) Act 1952," a senior official with the regulator, Forward Markets Commission, who declined to be identified, said.

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Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
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