Calyon SA joins globalCOAL
LONDON AND SINGAPORE – 12 November 2009
globalCOAL® announced today that the French corporate and investment bank Calyon SA has joined the globalCOAL trading platform as a Market Member.
Calyon’s involvement in commodities spans energy (including oil and by-products, biofuels and coal), metals and softs, where it offers risk management solutions and investment products.
“With its membership, Calyon joins ranks with a number of financial market participants that have initiated or stepped up activity in the coal market in the last year,” said Patrick Markey of globalCOAL in Singapore. “The financial players will continue to strengthen the coal market by providing much-needed liquidity.”
Calyon SA brings the total number of Market Members on the globalCOAL platform to 95.
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