Knight launches carbon trading business

A new carbon trading business was launched by US broker Knight Capital Group on December 1, with Daniel Braun as managing director.

"Applying Knight's specialised trading capabilities to the global carbon markets, I believe, will lead to better price discovery, reduced spreads and improved overall efficiency for all participants," says Braun.

Carbon is fast emerging as a tradable commodity, but the global carbon markets are still maturing, says Thomas Joyce, chairman and chief executive officer

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