This next-generation trading platform with mobile capabilities will give traders across Europe access to several markets, from a single trading screen.

“The launch of NFX is a continuation of our partnership with Nasdaq in the European energy space,” said Robbie McDonnell, EVP Global Sales of TT. “We have a large base of commercial energy firms already utilizing our software to access and trade the energy markets. We expect our users will find Nasdaq’s European commodities market to be very compelling.”

Nasdaq will expand its European accessibility on key energy benchmarks including Nordic and German power futures and options.

The TT connection will provide the trading community with more choices for investing in energy derivatives, while improving price discovery and providing deeper liquidity. The new link will give every TT customer efficient access to Nasdaq’s leading markets and allow them to trade complex strategies across a range of assets, including energy and freight derivatives. Further, the connection will provide TT customers with access to market data for trades executed off-exchange and registered as block trades.

“Our connection to TT provides global energy market participants with the tools to execute their strategies and the ability to hedge in a more cost-efficient manner by allowing access to our comprehensive suite of energy benchmark products,” said Bjørn Sibbern, senior vice president and head of Nasdaq Commodities. “TT’s relationship with Nasdaq spans many of our markets, and this connection will offer the trading community more opportunities to deploy their trading strategies.”

Nasdaq’s Global Commodities business offers trading and clearing solutions for various related assets, including power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services. With market makers, liquidity providers and competitive fees, Nasdaq provides a liquid, transparent and efficient marketplace which appeals to all types of trading entities.