Epex Spot, Nord Pool Plan Joint Platform

Epex Spot and Nord Pool Spot are planning to set up a joint trading platform in London.

Epex Spot and Nord Pool Spot are planning to set up a joint trading platform in London, Reuters reports. The European power exchanges will harmonize day-ahead and intraday spot trading systems through a London-based 50-50 joint venture. The platform seeks to ease spot power trading in the core nine western and northern European markets of the two exchanges. The new venture will adopt the Epex ETS system for day-ahead transactions and Nord Pool’s Elbas program for intraday trading. The two bourses may consider a full merger in the future.

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