Trading Technologies International (TT) announced today that it will offer intraday trading access to the European power market Nord Pool starting this December. This new integration expands TT’s platform, allowing clients to trade the physical intraday markets of Nord Pool and the European Power Exchange (EPEX SPOT), the latter of which has been available since February.
Developed in collaboration with a major European energy supplier active in both markets, the new connection aims to provide clients with an efficient and streamlined trading experience. TT’s platform will enable traders to access both physical power markets using a single screen alongside some of the world’s most popular financial energy products.
Trading Technologies Expands Access to Nord Pool for Intraday Power Trading
Alun Green, TT’s EVP Managing Director of Futures & Options, emphasized the benefits of the new connection, stating, “With this new connection, market participants will, for the first time, be able to use a single screen to trade intraday physical power on Nord Pool and EPEX SPOT, alongside financial energy products. Our high-speed, colocated platform offers traders advanced tools, including award-winning algorithmic and automated trading functionalities, plus robust risk management capabilities.”
The integration is going to appeal not only to traditional energy companies but also to hedge funds, commodity trading advisors, and systematic traders. These firms seek to leverage TT’s sophisticated trading tools and execution algorithms to hedge and take positions in related markets, potentially opening up a new customer base for the exchanges.
Nord Pool, which is majority-owned by Euronext, operates across multiple European regions, including the Nordic and Baltic areas, Germany, Poland, and several other countries. The exchange serves as a Nominated Electricity Market Operator (NEMO) in 16 European countries and extends its reach into markets like Bulgaria, Croatia, and Georgia.
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