Euronext and Nord Pool to launch Nordic-Baltic power futures market
The two exchanges will jointly operate a new listed futures venue covering Nordic and Baltic bidding zones.
By Matthias Blank · drafted with the Vantage newsroom system, approved before publication
Euronext and Nord Pool have announced plans to jointly launch a listed power futures market covering the Nordic and Baltic zones, according to FX News Group. The partnership combines Euronext's established derivatives exchange infrastructure with Nord Pool's position as the primary spot-trading venue across the region.
The Nordic and Baltic zones currently rely heavily on OTC bilateral contracts and Nasdaq Commodities-cleared instruments for forward hedging. A new exchange-backed venue would add a competing liquidity pool, potentially tightening bid-ask spreads and lowering counterparty risk for participants active in the NO, SE, FI, DK, EE, LV, and LT bidding zones.
Details on contract tenors, settlement methodology, and the go-live timeline were not included in the available source material. Traders should monitor official announcements from both Euronext and Nord Pool for product specifications.
Source: Nord Pool
Photo by StockRadars Co., on Pexels.
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