Exchange and Clearing Information
Nasdaq Commodities Welcomes Axton Commodities
Nasdaq Commodities is pleased to announce that Axton Commodities has joined Nasdaq’s Nordic Commodities market.
Axton Commodities is a power trading company operating in the Nordic and Baltic regions, trading electricity, Guarantees of Origin (GO) and European Emission Allowances (EUA). In addition, the company provides balancing services for renewable energy sources (RES). Axton Commodities is headquartered in Vilnius, Lithuania and is a part of Modus Group.
“Becoming a member of Nasdaq Commodities is a big step forward for our company. It will allow us to access Nordic power markets and hedge our portfolio risk in the Baltics,” says Aldevinas Burokas, CEO of Axton Commodities.
“The addition of Axton Commodities to our marketplace is another step towards our ambition to develop a more liquid and multi-facetted marketplace,” says Georg Aasen, CEO of Nasdaq Oslo ASA. ”We welcome them to the Nasdaq family and look forward to working together with them in the future.”
Axton Commodities joins Nasdaq Commodities as a Non Clearing Member.
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