Isra-Mart srl: UBS to offer European gas, carbon risk hedging

www.isra-mart.com

Swiss investment bank UBS will offer risk management tools in Euro
pean natural gas and carbon emissions by the end of this year, the company said on Monday.

The bank has picked BP as preferred hedging counterparty for these transactions.

Clients will be able to hedge risk in European Emission Certificates trading and the main European gas markets, including Britain's National Balancing Point (NBP) and the Dutch Title Transfer Facility (TTF).