Nord Pool, the European commodities market, has won clearance from the US futures regulator to offer its power and carbon emissions contracts to US investors, a move that may boost the futures ambitions of US exchange Nasdaq OMX, which is buying Nord Pool.
US derivatives watchdog the Commodity Futures Trading Commission yesterday issued a âno actionâ letter regarding Nord Poolâs application to trade in that market, effectively allowing Nord Pool to sell its products directly to US investors for the first time.
