Nord Pool Gas reaches new milestone

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We are very happy to announce that trade number 10.000 was conducted at Nord Pool Gas today!

After a rough start in 2008, where trades were only randomly conducted, the market is now using Nord Pool Gas as the natural reference in their short term optimization.

This spring two new products was implemented, whereof especially the Within day product has had the markets interest. This product is meant to help the market better handling their imbalances. Further we expect the within day market to level out some of the trading seasonality.

As the attached graph shows the volumes traded at Nord Pool Gas are still increasing, now trading more than 10 percentage of the exit zone in Denmark. This year’s turnover is roughly speaking expected to increase by 20 percentage compared to 2010.

As we have only faced an increasing number of participants, increase in volumes per participant and now looking at financial trading we do only expect the volumes to further increase in 2012.