Euronext to acquire Nasdaq’s Nordic power futures business

Category: Finance

Euronext has signed a binding agreement to acquire Nasdaq's Nordic power futures business, pending regulatory approvals. This acquisition aims to enhance Euronext's power futures market presence in the Nordic and Baltic regions, aligning with its strategic growth initiatives. The transaction will facilitate the transfer of existing positions to Euronext Clearing, with Nasdaq continuing its European Markets Services business until the migration is complete in 2026.

Keywords: Euronext, Nasdaq, Nordic power futures

Source: GlobeNewswire

Update At: 1/28/2025

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