UK market N2EX
N2EX is the market for UK energy contracts offered by Nord Pool Spot and Nasdaq OMX Commodities. N2EX offers liquid markets for trading and clearing of day-ahead auction, prompt and spot contracts.
N2EX markets provide participants with:
- Low barrier of entry and instant access to counterparts from the European powermarkets.
- Clearing of exchange and over-the-counter (OTC) traded prompt contracts.
- Secure market place with a regulated clearinghouse Nasdaq OMX Stockholm AB as counterparty for all trades.
- One margin call for trading across all N2EX physical markets.
- Efficient and robust electronic trading systems.
Day-ahead auction, prompt and spot trading
- The day-ahead auction is a market where power is traded for delivery the next day.
- The prompt market offers a series of standardised products available for continuos trading throughout the day.
- The spot market is a continuous market where adjustments to trades done in the day-ahead auction or prompt markets are made.
Please find more information on the N2EX website.