RWE Supply & Trading GmbH has signed up as Market Maker with NASDAQ OMX Commodities for Nordic Electricity Base load contracts (up to 5 years ahead).
RWE will also be Market Maker for Electricity Price Area Differential contracts (EPADs) in the following areas: Helsinki, Stockholm, Luleå, Sundsvall, Malmö, Copenhagen, Aarhus, Oslo, Tromsø and Tallinn.
RWE's Market Maker activities will start on 1 November 2013.
Welcoming RWE as Market Maker, Georg Aasen, Vice President NASDAQ OMX Commodities, said: “We are very pleased that RWE has taken on this responsibility in the Nordic power contracts. This will strengthen our position as the most liquid and efficient power market in Europe even more and we are looking forward to their contribution going forward.”