The company’s customers trading within each of the German TSO areas will now be able to trade right up to delivery.
When the TSO borders close, 30 minutes before delivery, orders will remain available in the Nord Pool Intraday market in the TSO area in which they have been entered and will only expire at the time of delivery.
Announcing the new product offering Hans Randen, acting Director Central European Markets at Nord Pool, commented: “Extending trading for our German customers to permit trading after the borders between the German TSO areas close 30 minutes before delivery, gives traders an even greater opportunity to achieve a balanced position.
“We are constantly striving to innovate in our products offering, to simplify life for our customers across Europe and to provide them with fast, modern, cost-efficient trading – regardless of their size or where they operate.”
Nord Pool customers with questions regarding the extension of intraday trading in Germany should email [email protected] or call +47 67 10 91 15.
About Nord Pool
Nord Pool operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2015 the group had a total turnover of 489 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Tallinn and London. Nord Pool strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.
Lysaker, 26 January 2016
For further information, please contact:
Stina Johansen, Head of Communications, +47 916 50 603
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