The delayed launch of carbon emissions futures on London's
International Petroleum Exchange (IPE) has been set for 22
April, having originally been scheduled for a January roll-out,
then put back to the first quarter of this year.
The contract is a joint venture between IPE and European
Climate Exchange (ECX). An ECX spokesperson told FO
that the delay was a result of extended testing,
saying, "The launch? was contingent on the overall satisfaction
of those involved that the settlement and delivery system had
been properly tested and was robust."
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