Published: 2018-12-07 08:00:00 CET
Nasdaq Commodities
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.

For more information, please contact:

Knut Rabbe
+47 67 528 032; knut.rabbe@nasdaq.com

For media inquiries, please contact:

David Augustsson
+46 73 449 6135; david.augustsson@nasdaq.com

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to over 4,000 total listings with a market value of approximately $15 trillion.

To learn more, visit business.nasdaq.com