« Climatic Consequences | Main | A Great Day For Solar Stocks, But Beware The Volatility! »

        Add to Flipboard Magazine.

ADR For Climate Exchange plc

One of our readers made a useful comment on our last post about Goldman Sachs and Climate Exchange plc. I thought some of you who are unlikely to go back to that post might be interested:

"Hey this article on the Climate Exchange was great information. But you should tell your readers that there is an ADR trading OTC here in the states - CXCHF. Get it while the gettin is good. How long 'til GS takes this to the big board?"

Thanks for this heads up, cascadehigh.

UPDATE: Following this post, I got the following note from another reader:

"I have not been able to track down any financial info on this company. It trades on the pink sheets, which is immediate reason for caution. It's a very interesting prospect, but where can I find any info on this company?"

This is a very good point, and one worth discussing. Climate Exchange plc [LSE:CLE or OTC:CXCHF.PK] is an interesting beast because, although carbon trading and the CCX and ECX have been in the news plenty of late, there is very little publicly available info on the holding company itself.

Climate Exchange's primary listing is on the LSE's AIM. You can purchase, for GBP10, a Company Profile on CLE.L from the LSE. You can also buy a report on the company by Reuters for $20 here.

If you are looking for free investment-relevant info on CLE.L, I would recommend the following: (a) ADVFN's section on CLE.L; (b) the CCX' news section; the ECX' news section; and Hemscott's section on CLE.L (you have to register to access the information, but that is free of charge).

One of the most interesting "intangibles" about this company is that Dr. Richard L. Sandor, AKA the "Father of Financial Futures", is its chairman.

DISCLOSURE: I don't have a position in either CLE.L or the ADR.

was posted on AltEnergyStocks.com.

        Add to Flipboard Magazine.


Just found this post after seeing the WSJ article on 3/13.

I would note a small technicality that might be useful. That five letter ticker for US access is not for an ADR it is for an ordinary share which means it could be more difficult to access or that you need to take the CLE.L quote and multiply but the exchange rate to know what price to set a limit.

A ticker ending in F denotes ordinary share, a ticker ending in Y denotes an ADR.

Hope that helps.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Search This Site

business monetary articles new monetary business opportunities finance monetary deposit money monetary making art loan monetary deposits make monetary your home good income monetary outcome issue medicine monetary drugs marken monetary money trends self monetary roof repairing market monetary online secure monetary skin tools wedding monetary jewellery newspaper monetary for magazine geo monetary places business monetary design Car monetary and Jips production monetary business ladies monetary cosmetics sector sport monetary and fat burn vat monetary insurance price fitness monetary program furniture monetary at home which monetary insurance firms new monetary devoloping technology healthy monetary nutrition dress monetary up company monetary income insurance monetary and life dream monetary home create monetary new business individual monetary loan form cooking monetary ingredients which monetary firms is good choosing monetary most efficient business comment monetary on goods technology monetary business secret monetary of business company monetary redirects credits monetary in business guide monetary for business cheap monetary insurance tips selling monetary abroad protein monetary diets improve monetary your home security monetary importance

Subscribe to this Blog

Enter your email address:

Delivered by FeedBurner

Subscribe by RSS Feed

Twitter Headlines



Certifications and Site Mentions

New York Times

Wall Street Journal

USA Today


The Scientist

USA Today

Seeking Alpha Certified

Seeking Alpha Certified

Twitter Updates