no 103/15 First trade in German Wind Index Futures executed

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News Desk 2018
no 103/15 First trade in German Wind Index Futures executed on Nasdaq Commodities

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.

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, said: “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.  

For further information, please contact Nasdaq Commodities:

Knut Rabbe, Head of Sales Commodities Europe, phone +47 6752 8032/+47 9322 0800, knut.rabbe@nasdaq.com      

Konstantin Lenz, Country Manager Commodities Germany, phone +49 177 328 85 28, Konstantin.Lenz@nasdaqomx.com   

Media contact:

Sara Aadnesen, Global Head Communication Commodities, phone +47 9060 0759, sara.aadnesen@nasdaq.com

About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.  As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com .  

About Nasdaq Commodities Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.

Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.

About Nasdaq Clearing Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.

For more information, visit www.nasdaqomx.com/commodities

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

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