Market Data
We are hiring!
Nord Pool Group is looking for an enthusiastic, hands-on System Specialist to join our Market Integration Development team.
As a System Specialist you will be working with implementing and testing our market integration systems. You will do this within a highly committed team that is passionate about delivering systems that efficiently couple the European Electricity Markets.
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Welcoming EU Vote on Intraday Shared Order Book
Nord Pool was delighted to see the recent European Parliament vote to enact a new EU law that will finally make it possible for all European power exchanges to offer their members the same liquidity from the beginning to the end of intraday trading, in all bidding zones.
A previous loophole in EU regulation meant that, in intraday markets such as Austria, Belgium, France, Germany, Luxembourg, France and The Netherlands, intraday liquidity in the final hour of trading could be ‘ringfenced’ in local markets - a power exchange had no obligation to share it with other exchanges, as is the case the rest of the time in intraday trading.
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It is Nord Pool’s long-held belief that shared order books, in both intraday and day-ahead timeframes, are essential to enable full and fair competition between power exchanges in Europe. In our view, the sharing of order books should be mandatory whenever technically possible.
The recent EC proposals on power market reform, combined with commentary from other power exchanges, have pushed shared order books back in the spotlight.