Nasdaq Commodities to Launch European Spot Market

Nasdaq Commodities announced a plan to offer Day Ahead Auction Markets for Electricity in Germany, France and the Nordics alongside the existing Power Futures contracts. The implementation of Capacity Allocation & Congestion Management (CACM) aims at promoting effective competition in the generation, trading and supply of electricity. By combining Auction and Futures markets on a consolidated platform, Nasdaq is aiming for increased customer benefits with lower fees and higher market efficiency. Nasdaq has filed an application with the Swedish Energy Markets Inspectorate (Energimarknadsinspektionen), and pending regulatory approvals and the implementation of NEMO arrangements, the new market is planned to launch some time during the first half of 2019. In addition to power, Nasdaq Commodities’ worldwide offerings include gas, renewables, freight, ferrous and other clearing services.