The Gateway to Algorithmic and Automated Trading

Nasdaq Commodities and Saxo Bank expand access to Nordic Power Products

First Published 6th February 2017

Small and medium sized companies in the Nordic region can access Nordic Power futures on SaxoTraderGO platform.

Patrice Henault, Saxo Markets

Patrice Henault, Saxo Markets

Nasdaq Commodities and Saxo Bank have announced a collaboration to offer small and medium sized companies (SME) in the Nordic region direct access to Nordic Power futures on Saxo's trading and risk management platform.

The addition of Nasdaq Nordic power products on SaxoTraderGO will enable clients to hedge their energy and currency exposure with low barriers to entry.

Patrice Henault Global Head of Listed Derivatives and Index CFDs Sales at Saxo Markets said: "We are very pleased to partner with Nasdaq and leverage our technological prowess to make markets more efficient through innovation and provide access to products previously not available to SME clients in the Nordic region looking to hedge their power risk. We have seen a growing interest in our utility offering and are glad to be able to add Nordic energy to our offering, that thus far has focused on Dutch energy. We are looking to add more products in 2017.