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Electricity prices represent a highly variable cost for many companies with a real underlying business activity, if left unhedged – but access to real-time energy prices has only been available for professional energy traders.
Now, Saxo has partnered with Nasdaq Commodities to offer small and medium sized companies (SME) in the Nordic region direct market access to Nordic Power futures on the SaxoTraderGO platform.
Saxo has seen growing interest in our utility offering, which has thus far focused on Dutch energy. With the addition of Nasdaq Nordic Power products, SME clients can get exposure to a deeply liquid product at Europe’s most established power market to hedge their energy and currency exposure, with low barriers to entry.
Key features of the Nasdaq Nordic Power offering include a fully integrated trading and risk management platform to hedge energy and currency risk, access to real-time energy prices and historical charts, price notification alerts, and the ability to monitor the overall portfolio in one dashboard.
For more information, including a video tutorial on how to trade Nordic Power products on SaxoTraderGO, please click here.
You can also read our Nasdaq Nordic Power Products press release.