EEX buys Nasdaq arm in US commodities move

Fotolia stock tickers 230x150
By GlobalCapital
13 Nov 2019

EEX Group on Tuesday announced that it will acquire the commodities business of Nasdaq Futures (NFX) as the Deutsche Börse-owned trading platform operator looks to expand its presence in US energy markets.

EEX will gain control of the core assets of NFX, including a portfolio of open interest in NFX contracts.

The deal involves the transfer of existing open positions in US power, US natural gas, crude oil, ferrous metals and dry bulk freight futures and options contracts to EEX ...

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