Euronext Launches Nord Pool Power Futures Market | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Euronext has successfully launched the Euronext Nord Pool Power Futures market, completing a full migration of open interest from Nasdaq Clearing and marking a key step in its Innovate for Growth 2027 strategy.
The market went live on 16 March following the transfer of 173 TWh of open interest.
All Nordic and Baltic power-futures contracts are now traded on the Optiq platform and cleared through Euronext Clearing.
The group stated that the launch contributes to Europe’s strategic autonomy by providing companies with tools to manage electricity price volatility.
Euronext believes the initiative reinforces its long-term commitment to the Nordic region, following its acquisitions of Oslo Børs, Euronext Securities Oslo, Euronext Securities Copenhagen, Nord Pool and Admincontrol.
The new marketplace aims to revitalise liquidity through dedicated liquidity-provider programmes and a capital-efficient clearing model using Value-at-Risk methodologies.
Eighty-six participants have connected to the market, with 16 clearing members offering the contracts. The platform will provide a unified venue for physical-power and futures-trading access, supporting cross-border integration and Europe’s wider energy-market development.
Camille Beudin, chair of the Nord Pool board, said the launch, “reinforcing Europe’s strategic autonomy in the energy sector,” was a major milestone.
She added that combining Nord Pool’s benchmarks with Euronext infrastructure had created a “resilient and capital-efficient marketplace” designed to support price discovery and risk management in volatile energy conditions.
