Vattenfall joins EEX as new Market Maker for Nordic Power

(PresseBox) ( Leipzig, )
The European Energy Exchange (EEX) has welcomed Vattenfall AB as a new trading participant and market maker for the Nordic Power Futures Market. With this, Vattenfall, now becomes a further provider of liquidity for EEX in Nordic Power Futures.

"We are delighted to welcome Vattenfall AB as our new market maker and look forward to working with such a key player in the Nordic market", comments Steffen Köhler, EEX Chief Operating Officer.

"We welcome the initiative of the EEX to set up products for the Nordic market. It will bring additional trading interest to the Nordics and increase liquidity. As one of the key players in the Nordic market, we have always actively contributed to the development of the market and will support this new pool of liquidity by market making", says Niek den Hollander, Head of Business Unit Trading at Vattenfall.

EEX’s offering for Nordic Power offers its market participants the ability to trade contracts with weekly, monthly, quarterly and yearly maturities as well as location spread contracts between Phelix Futures and Nordic Power futures.

In addition to trading and clearing Nordic Power Futures, financially settled contracts for Germany/Austria, France, Italy, Spain, Switzerland, the Netherlands, Belgium and the UK are also available on the EEX Power Derivatives Market as well as contracts for Greece and Romania that are offered for Trade Registration.
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