As experts in regulatory compliance and best practice, our dedicated Market Surveillance team is pleased to share its knowledge and experience through a regular newsletter.
In this edition, Nord Pool’s Market Surveillance experts explore asset-less or proprietary trading. We outline the regulatory framework governing this type of trading and provide an overview of the benefits and risks that asset-less traders bring to power markets. In addition, we highlight a recent German case, where the regulator found that certain intraday traders were betting against the balancing price.