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European Energy Exchange AG Augustusplatz 9 04109 Leipzig, Germany http://www.eex.com/de/
Contact +49 341 2156300
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European Energy Exchange AG

EEX and Nasdaq Commodities Announce Intention to Transfer Nasdaq’s European Power Business to EEX

EEX to facilitate transition to zonal futures in Nordic power market to grow area price liquidity

(PresseBox) (New York / Leipzig, )
The European Energy Exchange (EEX) and Nasdaq, Inc. (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals. The transaction will involve the transfer of existing open positions in Nasdaq’s Nordic, French, and German power futures as well as European carbon emission allowance futures (EUAs) to EEX’s clearing house European Commodity Clearing (ECC). No financial details of the deal are disclosed.

Nasdaq Clearing AB, along with the clearing infrastructure to support it, is not part of the sale. Nasdaq will continue to ihv opb gbiycch Ffajvk Rzjliqsg LJ sl yuxbexz yqyeuqqasbqhk ijvhnlqw ylxrovti rzz Erxpuy Ibzhit’m xufprc lrtrnjlmtbb, ixpjm lhgnya xwjfvjhukle, znm yjfqk tqgmbaysp ergzrhuxizg jcjbxanep.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.