UK power project chooses Nasdaq OMX and Nord Pool

The FOA's search for candidates has been hit by repeated set-backs since it first invited providers of clearing and market infrastructure to apply in mid-2007. The results were initially expected to be announce in June this year, but a source revealed that the relationship between the two originally selected candidates broke down, prompting the FOA to review their search. Dutch company APX, Nord Pool and European futures and options exchange Eurex were named as potential front-runners.

"The proce

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