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
Nasdaq Clearing AB, along with the clearing infrastructure to support it, is not part of the sale. Nasdaq will continue to
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