Launch of NASDAQ OMX Commodities as acquisition of Nord Pool closes

Global exchange company, NASDAQ OMX has completed the 100 percent share acquisition of Nord Pool International, to create NASDAQ OMX Commodities, the world’s biggest provider of cleared power derivatives volumes.

Trading on NASDAQ OMX Commodities will be based on Nord Pool’s energy and carbon derivatives products and will allow trading across multi asset classes.

Nord Pool ASA will remain a separate entity, but clearing operations as well as listed international products will now be accounted for within NASDAQ OMX.

Geir Reigstad has been appointed as head of NASDAQ OMX Commodities and will be reporting to Hans Ole Jochumsen, executive vice president of NASDAQ OMX Nordic Transaction Services.

“Under

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