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| Did it ever live? 
I'm not an avid investor, but I never heard much noise about it!
The guy did say that a CER (the unit for a credit) costs around Euro 14. | |
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yes, it is a functioning market and CERs are 'real' instruments.
yes, a CER is worth about EUR 15 right now, but they have traded for EUR 20 and even 30 before. The consensus is that they will trade lower going forward for the next few years at least.
but no, its not like a stock. you cannot hold them in your trading / brokerage account.
and most important, they do not trade on stock exchanges. indeed they do not trade on a normal exchange at all. they are traded between large companies, usually through 'brokers'. if you have 100 or even 1000, you are basically 'up sh1t creek without a paddle' cause most corporates are looking for trading them in lots of 10,000 or more.
summary : avoid like the plague.