European Energy Exchange, an electric power and related commodities exchange, agreed to acquire the European power business from Nasdaq, a global technology company. Financial terms were not disclosed. The transaction will involve the transfer of existing open positions in Nasdaq’s Nordic, French, and German power futures as well as European carbon emission allowance futures to EEX’s clearing house European Commodity Clearing. Until the receipt of regulatory approvals, Nasdaq will continue to operate its European power trading and clearing business as usual.