Finance

Euronext to acquire Nasdaq’s Nordic power futures business

Published by Global Banking & Finance Review

Posted on January 28, 2025

1 min read

· Last updated: January 27, 2026

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(Reuters) -Pan-European stock exchange Euronext on Tuesday announced it would acquire Nasdaq’s Nordic power futures activities. Trading of power futures will be transferred to Euronext Amsterdam, the

Euronext to Purchase Nasdaq’s Nordic Power Futures Operations

(Reuters) -Pan-European stock exchange Euronext on Tuesday announced it would acquire Nasdaq’s Nordic power futures activities.

Trading of power futures will be transferred to Euronext Amsterdam, the group said in a press release.

The migration is expected to occur in the first half of 2026, it added.

Earlier this month, Euronext CEO Stéphane Boujnah indicated the pan-European stock exchange's interest in a deal with Nasdaq Nordic, in line with its strategy to consolidate European financial markets.

(Reporting by Alban Kacher; Editing by Kirsten Donovan)

Key Takeaways

  • Euronext will acquire Nasdaq's Nordic power futures operations.
  • Trading will be transferred to Euronext Amsterdam.
  • The migration is expected in the first half of 2026.
  • This move aligns with Euronext's strategy to consolidate European markets.
  • Euronext CEO expressed interest earlier this month.

Frequently Asked Questions

What did Euronext announce regarding Nasdaq?
Euronext announced it would acquire Nasdaq’s Nordic power futures activities.
Where will the trading of power futures be transferred?
The trading of power futures will be transferred to Euronext Amsterdam.
When is the migration of power futures expected to occur?
The migration is expected to occur in the first half of 2026.
What is the strategic goal of Euronext's acquisition?
The acquisition aligns with Euronext's strategy to consolidate European financial markets.
Who is the CEO of Euronext?
The CEO of Euronext is Stéphane Boujnah.

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