businessGreen.com, 27 Oct 2009
A new commodities exchange planned for Singapore is on schedule to start trading in carbon credits by year-end, according to a senior government official.
In a speech yesterday at the Carbon Forum Asia conference, senior minister of state for trade and industry S. Iswaran said the nation's forthcoming Singapore Mercantile Exchange (SMX) is "on track for year-end" and will provide "an electronic trading platform for futures and options trading on a diversified range of commodities, including energy, metals, agricultural commodities, currencies, commodity indices and carbon credits".
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More Singapore firms to join carbon trade - commodityonline.com
