29.08.2008 - Nord pool granted license for U.S. trading
From Marketwatch.com: Nord Pool has been granted permission from the U.S. Commodity Futures Trading Commission (CFTC) to allow U.S. companies to trade and clear Nordic, international and carbon products. The license will give Nord Pool the opportunity to set up PowerClick terminals in the U.S., and hence enforce the future NASDAQ OMX Group, Inc. global commodity offering and increase the market reach substantially. The CFTC has, after Nord Pool's request to approach the U.S. market approach, examined thoroughly all aspects of Nord Pool's business as a regulatory regime, market surveillance, information sharing, trading and clearing procedures, risk calculation and other critical areas. The CFTC granted Nord Pool ASA a no-action relief letter, giving Nord Pool the right to establish direct customer relations with domestic U.S. companies..... Full Article: Source
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