Euronext to acquire Nasdaq's Nordic power futures business

Euronext to acquire Nasdaq's Nordic power futures business

The Manila times | 2025-01-28 07:39

Haffner Energy, LanzaJet, and LanzaTech Join Forces to Unlock Alcohol-To-Jet SAF Production from Biomass Residues Euronext to acquire Nasdaq's Nordic power futures business Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris / New York - 28 January 2025 - Euronext (Euronext: ENX), the leading European capital market infrastructure, and Nasdaq (Nasdaq: NDAQ), a leading transatlantic market operator and global technology company, today announced the signing of a binding agreement under which Euronext will acquire Nasdaq's Nordic power futures business, subject to receipt of applicable regulatory approvals. The agreement entails the transfer of existing open positions in Nasdaq's Nordic power derivatives, currently held in Nasdaq Clearing, to Euronext Clearing, with approval of the members. Trading of power futures will be operated from Euronext Amsterdam and will be cleared throu...

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