How may we
sale of EUA and CER
allowances or credits
Optimize the number and structure of allowances held
Contribute to cleaner environment based on market driven mechanisms
Negotiate each transaction with a KB dealer on the phone
Monitor parameters of every agreed transaction
Example of market risk
On 1 March 2014, a client negotiated a forward sale with the bank (settlement on 15 March 2015) involving 1,000 allowances with the agreed price of EUR 5.50 per allowance. However, on the settlement date, the current market price amounted to EUR 6.50 per allowance. The client incurred a loss of EUR 1,000 from the forward sale (the bank pays EUR 5,500 to the client; however, he could currently sell the allowances for EUR 6,500 in the market).
Foreign exchange risks
This product is intended for legal entities, particularly operators of facilities that represent pollution sources.