Month: November 2010

EU Carbon Allowances Auctioning Regulation adopted by EU Commission

On Friday the EU Commission formally adopted the necessary regulation for introducing auctioning of EU Allowances (EUAs) within the European Trading Scheme (ETS).  Until now the vast majority of allowances have been provided free to the 12,000 or so large

Posted in Carbon Markets, Rules & Regulation Tagged with:

LSE outage and change of plan begs more questions

The outage on Tuesday 2nd November of London Stock Exchange’s new Millennium Exchange system at its Turquoise MTF (see FT articles here and here) has elements of the mystery thriller about it. LSE’s announcement that “human error” which ”may have occurred in suspicious circumstances” was to blame has intrigued us all but there are other open questions to ponder.

Posted in Exchange & Trading Systems, Exchanges, Information Technology, Operations & Operational Efficiency Tagged with: , , ,