Missing trader fraud on the emissions market

Article dans une revue: The aim of this paper is to show evidence and to quantify with forensic econometric methods the impact of the missing trader fraud on European carbon allowances markets. This fraud occurred mainly between the end of 2008 and the beginning of 2009. In this paper, we explore the financial mechanisms of the fraud and the impact on the market behaviour as well as the consequences on its econometric features.

Auteur(s)

Dominique Guegan, Marius-Cristian Frunza, Fabrice Thiebaut

Revue
  • Journal of Financial Crime
Date de publication
  • 2011
Pages
  • 25-33
Version
  • 1
Volume
  • 18