New members of the UK power market N2EX
London, 12 March 2010
Deutsche Bank AG and Danske Commodities A/S are new members at N2EX, the UK power market set up by NASDAQ OMX Commodities and Nord Pool Spot. N2EX now have a total of 12 members with a significant amount of additional companies in the process of becoming members.
N2EX launched a day-ahead auction market, a prompt market and clearing services on Tuesday 12 January 2010. The traded volumes have steadily increased and on Monday 8 March 2010 the total traded volumes exceeded 1 000 GWh, about two thirds traded in the prompt market and one third traded in the day-ahead auction.
Members N2EX:
E.ON Energy Trading SE, RWE Supply & Trading GmbH, Statkraft Markets GmbH, Vitol S.A, Royal Bank of Scotland PLC, EDF Trading Ltd., SSE Energy Supply Ltd., Morgan Stanley Capital Group Inc, British Energy Trading and Sales Limited, Merrill Lynch Commodities Ltd., Deutsche Bank AG and Danske Commodities A/S.
For further information, please contact N2EX:
Geir Reigstad, president NASDAQ OMX Commodities,
phone +47 9084 6735
Hans Randen, trading director Nord Pool Spot, phone +47 9202 1326
Press contact: Thomas Skålnes, corporate communications, NASDAQ OMX Commodities, phone +47 6752 8080/+47 9340 7300
