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Long-term contracts rather than spot trade will be the prevailing form of governance for EE investments.
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In contrast, spot trading of CO2 certificates is found to be preferable compared to forward market trading.
Such insight may allow the regulator to better design the futures and spot trading floors, their rules and sequential timing.
Archives|FOREIGN EXCHANGE.; Rates Hold in Quiet Session -- Business in 'Future' Francs Supplants Spot Trading.
FOREIGN EXCHANGE.; Rates Hold in Quiet Session -- Business in 'Future' Francs Supplants Spot Trading.
Yearly contracts proved too inflexible for such volatility and in response a system of spot trading arose.
"I told people, 'You can put me on the spot trading desk, but I'd be too slow,' " he said.
Often traders need a systematic method to not only spot trading opportunities, but to also provide a consistent approach, thereby minimizing trading errors and costs.
Usher, who could not be reached for comment, is now the head of spot trading at JP Morgan in London.
A functional regional gas futures market, which is highly dependent on the presence of well-developed physical spot trading, is yet to be established.
The commission said spot trading at all European Union registries, which track ownership of allowances, would be suspended until at least Wednesday.
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