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Euronext launches Euronext Nord Pool Power Futures market


19 March 2026 Nordics
Reporter: Carmella Haswell

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Image: winyu/stock.adobe.com
Euronext has launched Euronext Nord Pool Power Futures in the Nordics and Baltics.

As part of the firm’s ‘Innovate for Growth 2027’ plan, this creation establishes a unified, resilient, and capital-efficient marketplace for Nordic and Baltic power futures, enabling clients to access both physical power markets and power futures through one marketplace.

According to the firm, this launch strengthens Europe’s market infrastructure by providing companies with reliable tools to manage electricity price volatility.

It reinforces Euronext’s long‑term commitment to the Nordic region, following the acquisitions of Euronext Oslo Børs, Euronext Securities Oslo, Euronext Securities Copenhagen, Nord Pool, and Admincontrol.

The market became fully operational on 16 March, after the successful migration of 100 per cent of open interest from Nasdaq Clearing to Euronext Clearing.

All Nordic and Baltic contracts are now available for trading on Optiq, Euronext’s trading platform, and cleared on Euronext Clearing.

Euronext Nord Pool Power Futures offers efficient risk management tools and a resilient infrastructure for power futures trading.

The market is designed to revitalise liquidity in Nordic and Baltic power futures through dedicated liquidity-provider initiatives that deepen market activity and support long-term trading capacity.

Clearing efficiency is enhanced using Euronext Clearing’s Value-at-Risk (VaR) model, improving capital efficiency for participants, the firm adds.

86 participants are now connected to this new market, and 16 clearing members offer the Euronext Nord Pool Power Futures.

Camille Beudin, chair of the Nord Pool Board and chief diversification officer at Euronext, says: “This initiative demonstrates Euronext’s ability to deliver solutions reinforcing Europe’s strategic autonomy in the energy sector.

“By combining Nord Pool’s trusted power benchmarks, strong energy knowledge, and local presence with Euronext’s trading and clearing infrastructure, we are establishing a resilient and capital-efficient marketplace for Nordic and Baltic power futures.

“In an increasingly volatile energy environment, transparent and liquid hedging tools are essential for Europe’s energy market. Euronext Nord Pool Power Futures strengthens European energy market infrastructure, supports greater market integration across the continent, and helps ensure that energy price discovery and risk management remain anchored in Europe.”
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