Euronext to acquire Nordic power futures business of Nasdaq.

Euronext, a European stock exchange, agreed to acquire Nordic power futures business of Nasdaq, a multinational financial services corporation. Financial terms were not disclosed. “Euronext, with its strong presence in the Nordics and efficient integrated trading and clearing setup, is in an excellent position to deliver a long-standing and liquid power futures market for the Nordic and Baltic region. The acquisition of Nasdaq’s Nordic power futures is a major accelerator for our power futures ambition and positions Euronext as a leading player for trading and hedging of power in Europe,” Camille Beudin, Euronext Head of Diversified Services.