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German CO2 Blockage on Dec. 1 May Cause Problems, Barclays Says
2010-11-26 16:12:37.892 GMT
By Mathew Carr
Nov. 26 (Bloomberg) -- A blockage of the German carbon-
trading registry over Dec. 1 would probably cause "serious
difficulties" for traders seeking delivery on that day, said
Louis Redshaw, head of environmental markets for Barclays
Capital in London.
The majority of over-the-counter forward contracts are for
delivery on Dec. 1, he said today by phone. "The danger is
other registries may also block transactions during this time,"
he said.
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To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net
To contact the editor responsible for this story:
Rob Verdonck at +44-20-3216-4149 or
rverdonck@bloomberg.net
