Nord Pool is pleased to offer all members in our Nordic, Baltic and German markets access to our new and efficient web-based Clearing and Settlement System (CASS) from 17 January, 2017. With this launch, all Nord Pool markets will be included in our CASS platform (the system was successfully rolled-out in our UK market during autumn 2016).
Announcing the new product offering, Mikael Lundin CEO at Nord Pool, commented: “We are constantly striving to innovate in our product offering, to simplify life for our customers across Europe and to provide them with fast, modern, cost-efficient trading – regardless of their size or location.”
With the new CASS platform Nord Pool gives its members a single web-based clearing and settlement interface where customers can easily follow the entire transaction lifecycle from trade to invoice, in one, easy-to-use system.
About Nord Pool
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.
Lysaker, 3 January 2017
For further information, please contact:
Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)