Euronext Nord Pool Power Futures
Euronext and Nord Pool have launched a dedicated Nordic and Baltic power futures market, designed to offer a long‑term, robust and sustainable market infrastructure for power futures trading.
This market supports transparent pricing, efficient risk management and strengthened liquidity across the Nordic and Baltic regions – reflecting industry demand for a secure, Nordic‑anchored power derivatives venue.
About the Market
Euronext Nord Pool Power Futures provide cash‑settled futures across all industry‑standard maturities on the Nordic System Price and Electricity Price Area Differentials (EPADs), including Baltic EPAD contracts.
The underlying Nordic System Price and SDAC Nordic bidding‑zone spot indices are provided by Nord Pool.
Trading takes place on Euronext’s Optiq® trading platform, and all contracts are cleared through Euronext Clearing using a dedicated power derivatives risk model.
Full Contract Availability
The migration of open positions from Nasdaq Clearing to Euronext Clearing was completed on 14 March 2026.
From 16 March 2026, the full contract suite – including all Nordic System Price and EPAD futures – is available for trading and clearing on the Euronext Nord Pool Power Futures market.
Integration of Nasdaq’s Nordic Power Futures Business
Euronext has acquired Nasdaq’s Nordic power futures business. All open positions previously cleared by Nasdaq Clearing are now fully integrated into Euronext Clearing as part of the transition.
Further background:
• Euronext to acquire Nasdaq’s Nordic power futures business
Membership
Interested in joining the Euronext Nord Pool Power Derivatives market?
Find information on membership requirements, clearing arrangements, technical set‑up and onboarding processes via the Euronext Connect portal.
Join the market: Euronext's Connect Portal.
Our membership team is ready to support you.
Liquidity Provider Programmes
Euronext Amsterdam has introduced Liquidity Provider Programmes (LPPs) to support liquidity across the full Nordic and Baltic power derivatives product range.
Learn more about the LPPs: [euronext.com]
Clearing Members
To be included in the list of General Clearing Members (GCMs), please contact:
[email protected]
Access the GCM list: Power Derivatives - General Clearing Members | live
Contract Specifications
For detailed information on Power Derivatives Contracts Specifications, please refer to the Euronext's Connect Portal.
More information
Additional documentation and further information related to Euronext Nord Pool Power Futures can be found on the Euronext’s Connect Portal. To access contract specifications and other power derivatives-related content, you need to create an account. Visit 'Welcome to Connect' and click on the 'Create new account' button to get started. More information can be found here.
Contact Us
For questions related to power futures, please contact: