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N2EX spot market launches 5 April

London, 14 February 2011

Nord Pool Spot and NASDAQ OMX Commodities today announced that the N2EX spot market will be launched on 5 April 2011. Products for delivery 5 April will be released for trading Monday 4 April. The N2EX market for trading of physical power contracts is complete, covering a day-ahead auction, prompt and spot market.

“We are proud to complete the physical market offering on N2EX in the UK with the spot market launch. We have successfully tested the systems for spot trading with core members during the latest months and the agreed launch date secures market readiness,” said Hans Randen, Director European Integration of Nord Pool Spot AS.

The spot market is a continuous market open from 00.15 to 23.45 every day where adjustments to trades done on the day-ahead auction or prompt markets are made.

The product calendar for the UK spot market can be found at www.n2ex.com

Ends --


www.nordpoolspot.com

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