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Who we are

Nasdaq Commodities

Nasdaq Commodities is the brand name for Nasdaq Inc.’s worldwide suite of commodity related products and services. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services. Nasdaq ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority.

Nasdaq Futures, Inc. (NFX)

Nasdaq Futures, Inc. (NFX) brings a competitive mix of new products, fees, innovative technology, and clearing services designed to meet the needs of ambitious traders. An expansion of our global commodities business, NFX offers key energy benchmarks that allow market participants to further diversify their portfolios while providing a valuable hedging tool.

Nasdaq Clearing

Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance. All trades with Nasdaq Commodities are subject to clearing with Nasdaq Clearing.

Our History

  • Offers flexible solution in the dry freight market
  • Goes live with German Only Electricity Futures Contracts
  • Nasdaq Commodities and Saxo Bank introduced a collaboration, offering SMEs in the Nordic region direct access to Nordic Power futures on Saxo’s fully integrated trading and risk management platform.
  • Signed first Market Maker for German Wind Index Futures
  • Launch of French Power Futures Contracts
  • Move of Market Making from DS Futures to Futures contracts in Nordic Electricity
  • Nasdaq receives approval as recognized market operator (“RMO”) for Commodities in Singapore
  • Launch of seven new European Power Markets and seven new Gas Markets
  • Launch of Index for German Wind Power Production
  • Launch of German Wind Index Futures
  • Clears the Freight Market’s First Option Contracts on the New Capesize Basket
  • Nasdaq OMX Clearing Receives EMIR Authorization
  • Merger of NASDAQ OMX Clearing and NOS Clearing
  • Introduction of Block Trade Facility for Commodities instruments
  • Launch of European Options for German Power
  • Launch of European Union Aviation Allowances (EUAA)
  • Launch of Czech, Dutch, French and Belgium CfD contracts as hedging tools between Germany and named price areas
  • Renaming of Forward contracts to DS Futures and CfDs to EPADs
  • Launch of Pre-trade Risk management
  • Launch of Swedish-Norwegian Electricity Certificates
  • Genium INET for Commodities
  • Launch of Spark Spreads
  • Launch CfD contracts for Estonia (Tallinn area)
  • Launch of UK futures
  • N2EX, the market for UK power contracts, was launched 12 January. N2EX is the brand name for NASDAQ OMX Commodities’ and Nord Pool Spot’s UK power exchange.
  • Agora-X, a US electronic trading platform for over-the counter (OTC) commodities and derivatives contracts, became a part of NASDAQ OMX Commodities when NASDAQ OMX bought a major interest in the company.
  • NASDAQ OMX purchased North American Energy Credit and Clearing Business, which became a part of NASDAQ OMX Commodities Clearing Company (NOCC), an offering within physical delivery of OTC power and gas contracts in the US.
  • NASDAQ OMX acquired Nord Pool ASA, following Statnett’s and Svenska Kraftnät’s decision to exercise their option to sell the shares in the company.
  • Fortis Bank Global Clearing NV joined Nord Pool ASA as the first general clearing member (GCM) and Fortis Bank (Nederland) NV became the first non-clearing member (NCM).
  • Merger of NASDAQ OMX Commodities AS and its wholly owned Nord Pool Clearing ASA subsidiary were merged into NASDAQ OMX Stockholm AB.
  • Launch of a physical certified emission reduction (CER) spot contract. The CER spot contract completed the current spot offering.
  • Nord Pool introduced power derivatives for Germany and the Netherlands.
  • Nord Pool ASA entered into an agreement with Eurex to sell the 17.39 percent stake Nord Pool holds in the Leipzig based European Energy Exchange AG (EEX) for a consideration of €46 million or €6.60 per share.
  • Nord Pool Clearing ASA launched a general clearing membership (GCM) model.
  • Nord Pool ASA was granted a license by the US Commodity Futures Trading Commission (CFTC) to allow US companies to trade and clear Nordic and international power derivatives and carbon products.
  • NASDAQ OMX acquired Nord Pool Clearing ASA, Nord Pool Consulting AS as well as the international products from Nord Pool ASA. The acquired companies were merged into NASDAQ OMX Commodities AS.
  • NASDAQ OMX Commodities and Nord Pool Spot were chosen by the Futures & Options Association (FOA) in the UK to establish spot and cash-settled derivative power market with a full range of clearing services for the UK wholesale power market.
  • Nord Pool set a new record of 1 060 TWh for turnover and a net addition of 55 new members.
  • EUAs and CERs corresponding to 95 million tonnes of carbon dioxide were traded.
  • All contracts in the financial market became quoted in euros.
  • The trading horizon for forward contracts was extended from four to six years.
  • Nord Pool became the first exchange to start trading and clearing of EU emission allowances (EUAs).
  • Nord Pool Consulting became involved in developing the Romanian power market. Running to the end of 2007, this contract includes support for developing a regional power market in south-eastern Europe.
  • Trading and clearing of Swedish green certificates started.
  • A new clearing platform became operational.
  • The risk capital in Nord Pool Clearing was increased by NOK 500 million (EUR 65 million) through an insurance contract.
  • The first contract was launched with the euro as the trading currency (one-year contract for 2006).
  • Forwards with blocks and seasons were replaced by monthly and quarterly contracts.
  • Nord Pool Consulting won a three-year contract from the Southern African Power Pool to develop the power market in 12 countries within the Southern African Development Community (SADC). This contract was later extended to 2007.
  • A merger between LPX and EEX gave Nord Pool a 17.4 per cent shareholding in Germany’s only power exchange.
  • Highest daily volume traded on Nord Pool on 22 April (21 TWh).
  • Highest daily OTC clearing volume, 28 October (26.8 TWh).
  • Highest daily cleared volume on 27 April (38 TWh, including 14 TWh over the exchange and 24 TWh from OTC trading).
  • Nord Pool was licensed as a regulated exchange and clearinghouse, and the clearing business was demerged into a separate company, Nord Pool Clearing ASA.
  • The spot business was demerged into a separate company, Nord Pool Spot AS, with the shares divided between the four Nordic transmission system operators (TSOs) and Nord Pool.
  • A gradual transition to the euro as the trading and clearing currency was adopted.
  • Nord Pool Consulting won its first contract financed by the World Bank with the Kazakhstan Electricity and Transmission Company (KEGOC).  
  • Nord Pool launched a new clearing desk application (CDA) system for electronic registration of standardised financially settled electricity contracts was launched.
  • Nord Pool’s business became subject to regulation, and the company accordingly applied to be licensed as a regulated exchange and clearinghouse.
  • France’s Powernext exchange chose Nord Pool as the technology supplier of Sapri.
  • Nord Pool Consulting was commissioned by Japan’s Techno Research Institute to simulate the Japanese power market and propose solutions for creating a national power exchange.
  • Nord Pool participated in the establishment of Germany's first power exchange, the Leipzig Power Exchange (LPX), taking a 35 per cent holding.
  • The Nordic power market became fully integrated with the final inclusion of eastern Denmark.
  • Contracts for difference (CfD) were launched as new forward products.
  • Nord Pool Consulting executed its first project outside Europe for Japan’s Kansai Electricity Power Corporation, the first of three such projects.
  • Western Denmark was integrated into the Nordic power exchange area.
  • The Elbas balancing market was established in Sweden and Finland.
  • Price and volume information was published for the first time for standardised financially-cleared power contracts traded off the exchange and registered with Nord Pool for clearing.
  • Nord Pool introduced block offers/bids on Elspot and daily contracts as a new future product.
  • Nord Pool introduced trading and clearing of standardised options.
  • The trading horizon for forward contracts was increased to four years.
  • Finland was integrated into the Nordic power exchange area, with Nord Pool represented via the Finnish EL-EX power exchange.
  • Annual contracts were introduced as a new forward product.
  • Nord Pool Consulting AS was founded. Its first job was to evaluate measures required to qualify Jutland for full integration into the common Norwegian-Swedish market.
  • Nord Pool opened a Danish office at Odense in Denmark.
  • Seasonally based financial forward contracts with a three-year horizon were introduced by Nord Pool.
  • Clearing of standardised financially settled contracts traded off the exchange was introduced.
  • Norway and Sweden established a common electricity market and power exchange. Nord Pool accordingly opened on 1 January as the world’s first multinational exchange for trading and clearing financial power contracts.
  • An electronic terminal-based trading system (PowerCLICK) was established with a direct link to the clearing service.
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