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TS1 11/15 14:23 *CANTORCO2E HIRES ANDY KRUGER TO HEAD UP EMISSIONS CREDIT AND GHG
BN 11/15 14:23 *CANTORCO2E HIRES ANDY KRUGER TO HEAD UP EMISSIONS CREDIT AND
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CantorCO2e Hires Andy Kruger to Head up Emissions Credit and
2010-11-15 14:23:00.499 GMT
CantorCO2e Hires Andy Kruger to Head up Emissions Credit and GHG Desk
Kruger brokers NOx, SOx, ERCs, and Carbon From New York desk
Business Wire
NEW YORK -- November 15, 2010
CantorCO2e, LP, a leading energy and environmental brokerage and an affiliate
of Cantor Fitzgerald, L.P., today announced that Andrew Kruger has rejoined
the firm as Vice President and Manager of its Sulfur Dioxide (SO2), Nitrogen
Oxide (NOx), emission reduction credit (ERC), and greenhouse gas/carbon credit
desk.
Mr. Kruger will run the NOx and SO2 allowance, east coast ERCs, and carbon
desks from CantorCO2e's office in New York. He will also support clients in
Canada's provincial programs, as well as with European Emission Allowance
(EUA), Certified Emission Reductions (CER), and Assigned Amount Unit (AAU)
trading needs.
"We are delighted that Andy has joined us," said Josh Margolis, CEO
CantorCO2e. "His success in building emissions desks and putting together
deals in multiple emissions markets will aid our clients in the development
and execution of a variety of single and cross commodity trading strategies."
"I am thrilled to rejoin the group," said Mr. Kruger. "I look forward to
applying my market expertise, insight, candid commentary and brokering skills,
to Cantor's strong customer relationships. My goal is to help our clients
understand and participate in emissions credit markets, mitigate liabilities,
take full advantage of their trading opportunities, and promote sound and
environmentally-beneficial solutions."
Andy has brokered millions of tonnes of carbon in the US, Canada, and the
European Union. He has also matched ERC buyers and sellers in more than 11
states and provided strategic consulting services to manufacturers, utilities,
and government agencies. Andy returns to Cantor after having previously spent
9 years on our brokerage desk. Most recently Andy was at Evolution Markets,
and prior he was at ICAP and AER*X.
About CantorCO2e, LP
CantorCO2e, LP, a Cantor Fitzgerald group company, is a leading global
financial services provider to the world's environmental and renewable energy
markets. We provide marketplaces where industry, government, and the public
can take full advantage of environmental credit trading opportunities.
Services include:
* Environmental brokerage
* Continuous clean air auction
* Trade clearing services
* Custodial accounts
* Emissions trading seminars and consulting services
Established in 1992, Cantor Environmental Brokerage is the oldest
environmental brokerage in the United States. It has brokered billions in
environmental credits through regional offices, and is staffed with
professionals with more than 100 years of emissions trading experience.
CantorCO2e is active in more than 30 markets. For more information, please
visit www.cantorco2e.com.
About Cantor Fitzgerald, L.P.
Cantor Fitzgerald, L.P. is a leading financial services provider to the
institutional equity and fixed income markets, with products and services
including sales and trading, investment banking, asset management, market
data, and market commentary. For nearly 60 years, Cantor Fitzgerald, a proven
and resilient leader, has been committed to delivering a unique brand of
unparalleled trading and distribution services, product expertise, innovative
technology and customer service to its clients around the world. For more
information, please visit www.cantor.com.
Contact:
Media for Cantor Fitzgerald:
Melanie Gordon-Felsman, 212-610-2314
mgordon@cantorco2e.com
-0- Nov/15/2010 14:23 GMT
