Record German Power Volumes On NASDAQ OMX Commodities

NASDAQ OMX Commodities’ OTC cleared German power volumes reached all-time high on September 10, 2013. OTC cleared volume was 981 GWh and an additional 602 GWh was traded on the Exchange, giving a totally cleared volume of 1583 GWh.

The market share for total cleared German power reached 12.5%.

Welcoming the new record Bjørn Sibbern, Head of NASDAQ OMX Commodities, said: “Achieving such strong volume since the launch in May has been an important objective for us. This is very encouraging and we will continue to position NASDAQ OMX Commodities in the German and Continental power market. We now see that our close collaboration with our members and brokers to develop this market, combined with the innovative products we offer, is beginning to show good results.”