Nasdaq Ends Agreement with EEX, Retains Nordic Power Trading Business
Portfolio Pulse from Benzinga Newsdesk
Nasdaq, Inc. (NASDAQ:NDAQ) has terminated its transaction agreement with the European Energy Exchange (EEX) regarding the sale of its Nordic power trading and clearing business. Nasdaq will continue to operate this business and focus on providing exceptional service to its clients.
June 26, 2024 | 6:58 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Nasdaq has terminated its agreement with EEX to sell its Nordic power trading business and will continue to operate it, focusing on exceptional client service.
The termination of the agreement with EEX means that Nasdaq will continue to operate its Nordic power trading business. This decision may have a neutral short-term impact on Nasdaq's stock price as the company focuses on maintaining service quality for its clients.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100