Market Data
Nord Pool Certified Compliance Course
Be sure you are in compliance with REMIT and other relevant transparency regulation with our latest online Certified Compliance Course.
Held on 13 June, this ever-popular course will see our team of experienced Market Surveillance experts share their detailed knowledge and insights on how best to comply with recent laws and regulations applied to the European physical power.
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Welcoming EU Vote on Intraday Shared Order Book
Nord Pool was delighted to see the recent European Parliament vote to enact a new EU law that will finally make it possible for all European power exchanges to offer their members the same liquidity from the beginning to the end of intraday trading, in all bidding zones.
A previous loophole in EU regulation meant that, in intraday markets such as Austria, Belgium, France, Germany, Luxembourg, France and The Netherlands, intraday liquidity in the final hour of trading could be ‘ringfenced’ in local markets - a power exchange had no obligation to share it with other exchanges, as is the case the rest of the time in intraday trading.
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It is Nord Pool’s long-held belief that shared order books, in both intraday and day-ahead timeframes, are essential to enable full and fair competition between power exchanges in Europe. In our view, the sharing of order books should be mandatory whenever technically possible.
The recent EC proposals on power market reform, combined with commentary from other power exchanges, have pushed shared order books back in the spotlight.