CTA Firm Genuine Trading Solutions And Karbone Announce Strategic Partnership Agreement
- By Dwayne Strocen
- Published 09/12/2009
Dwayne Strocen
Dwayne Strocen is a registered Commodity Trading Advisor specializing in analyzing and hedging Market and Operational Risk using exchange traded and OTC derivatives. Website: http://www.genuineCTA.com
TORONTO, April 2009 – CTA Firm
Genuine Trading Solutions Sign Strategic Partnership Agreement With Leading
Environmental Credit Brokerage and Climate Change Consulting firm Karbone.
Genuine Trading Solutions President and CEO, Dwayne Strocen and Karbone
Executive Director Izzet Bensusan announced today a Strategic Partnership
agreement. "The two companies will
be pooling their resources to provide an enhanced product line of services to
existing as well as future emitters of CO2 carbon emissions. The conception for this Strategic
Partnership is in response to calls from North American customers to provide a
more integrated service" says Mr. Strocen.
Working in a positive
approach with Karbone to provide an enhanced service of OTC environmental
credit brokerage is a step to providing greater integration of service in the
form of both trading and managing risk.
In working together, both companies can now provide a greater range of
expertise to a largely fragmented industry.
Mr. Bensusan says "We
believe the marriage of the OTC market and the exchange traded market is the
natural evolution of a fledgling industry". And he adds "Our
partnership will allow us to much better serve both of our US and Canadian
customers with an expanded service line and local knowledge"
Recent meetings between the leaders of Canada and
the United States has brought a renewed response and positive reaction to a
national commitment for the reduction of greenhouse gases
in North America. Although specifics
were not menti
"We are pleased to
extend our expertise into this exciting marketplace and believe the real winner
is the carbon industry as it evolves to the ever changing demands of its
participants", says Dwayne Strocen, Genuine Trading Solutions President
and CEO.
About Genuine Trading
Solutions
Genuine Trading Solutions is
a registered CTA firm specializing in exchange trading and risk management
hedging of derivative products including carbon
emissions on the worlds climate exchanges.
The company is focused on providing a complete risk
management service in reducing risk associated with adverse economic events,
including greenhouse gases.
Recently Genuine Trading
Solutions announced its intention to launch a new hedge fund initiative for the
benefit of ethically minded investors to participate directly in the reduction
of greenhouse gases and credits. The
fund is clearly a viable choice for those investors interested in participating
in socially responsible investing and making a statement regarding the
environment.
About Karbone
Karbone is a global
environmental credit brokerage and climate change consulting firm operating
from its New York and London offices. The company advises its domestic and
international clients on cost effective strategies and technologies to address
climate change business risks. Karbone is founded on the principle of helping
its clients to execute the most effective climate change strategy. Karbone
bases this on ensuring its team has up to date knowledge on climate change
related issues and environmental markets and access to the widest range of
transaction capabilities for executing strategies. Karbone developed its
climate change consulting and environmental credit execution group to meet the
particular needs of our clients across multiple industries. This includes
utilities, energy firms and specialized funds.
For more information please contact:
Genuine Trading Solutions Ltd.
Dwayne Strocen
Phone: +1 416 302 6282
e-mail: press@genuineCTA.com
