London 13 January 2011
N2EX has seen a steady growth in volumes since the launch in January 2010, and ended on a total of 19.6 TWh. 2.6 TWh was traded on the auction, and 17.0 TWh on the prompt marked. The auction has shown an average monthly increase of 30 percent in volumes from August until today.
Geir Reigstad, Senior Vice President, NASDAQ OMX Commodities, said: “We are very happy with the volume development on N2EX. After only one year in operation, it is clear that UK power market participants have embraced the advantages of a cleared solution, which include increased transparency and security.”“Based on these strong results we will continue our ambitious strategy of growth in the UK market in 2011. We focus on building market liquidity, efficiency and transparency", said Mikael Lundin, CEO of Nord Pool Spot.
Ends --
see www.n2ex.com for more.





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