International Commodities Exchange of London Signs Strategic Partnership Agreement with Environmental Credit Brokerage Firm

Top Quote ICEXL, has recently signed with a strategic partnership agreement with one of the well-known and leading environmental credit brokerage firms, the Friedman & Partners Environmental Brokerage Services. End Quote
  • (1888PressRelease) November 21, 2012 - Mr. Drake Pelzman, International Commodities Exchange of London's CEO and President and Mr. Dylan Friedman, the Executive Director of the Friedman & Partners Environmental Brokerage Services, signed a memorandum of partnership agreement which will provide a pooling capabilities to their resources in order to enhance product line of services to current as well as future emitters of CO2 carbon emissions. "The formation of the strategic partnership agreement is in consonance with the demands and requests from clients to offer and provide a more incorporated service, said Mr. Drake Pelzman.

    According to Mr. Drake Pelzman, International Commodities Exchange of London has decided to team up with Friedman & Partners Environmental Brokerage Services in order to work in a positive approach to provide a more developed OTC service on environmental credit brokerage as this is an accurate way of providing the clients with better incorporation of service in the form of brokerage trading as well as risk management. With this partnership, the two companies can both provide an extremely great range of expertise to a largely uneven industry.

    Mr. Dylan Friedman said: "We are confident that this union of two firms' OTC market and the exchange traded market is an inherent advancement of a budding industry. Our partnership agreement will let us better serve our global clients with expanded services as well as local knowledge."

    There were reports during the recently concluded meetings between executive leaders of Canada, Germany and United States that some delegates have brought out a renewed response and constructive reaction to international commitment for the reduction of greenhouse gases both in Canada and in North America. Although there were no particulars mentioned about the meetings, it was still considered as a vital step of the government in to support the greenhouse gas initiative and other gas emitters' regulations in affected countries.

    "We want to express our appreciation to our partner for this significant endeavor in the industry. We are also pleased to extend and share our expertise into this thrilling marketplace as we believe that the true champion is the carbon industry because it continuously grows to the ever varying demands of the participants. With this new agreement, we are hoping that both of us will continue to support our individual's mission in this business as well as to support and protect our environment" Mr. Pelzman said.

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