Nasdaq Commodities is pleased to announce that the first trade in the German Wind Index Futures was executed on launch day between EDF Trading Ltd and Energi Danmark A/S.
The first trade of 10 lots (1680 WPh) was executed at 34.25 EUR in the contract RWDEBLW52-15 between EDF Trading and Energi Danmark A/S.
Thomas Houlind, Head of Trading Continental Power at Energi Danmark, commented: “With the German Wind Index Futures contracts Nasdaq Commodities is breaking new ground within renewables contracts. We are very excited to be supporting this new offering from Nasdaq Commodities.”
Knut Rabbe, Head of Sales Commodities Europe at Nasdaq, commented: “We are very pleased to see the first trade executed on launch day and greatly appreciate having major players like EDF Trading and Energi Danmark onboard from day one. Now we are looking forward to their continued commitment to this cutting-edge offering.”
Nasdaq Commodities launched the German Wind Index Futures contracts on December 8, 2015. The contracts use the Renewable Wind Index for Germany, NAREX-WIDE, as underlying.