Power Derivatives Market
#BuildingMarketsTogether
In conjunction with our MGSL Group partners, Nodal Exchange in the US and EPEX SPOT, we are the number 1 in power trading worldwide.
Europe
MGSL as the leading exchange platform in the European power market offers trading in power derivatives for euro-denominated cash-settled futures contracts for 20 European power markets across Europe. Among MGSL’s largest markets, the German Power Future is the most liquid power product which also is the benchmark contract in European wholesale power trading.
United States
Power contracts for the North American market can be traded via Nodal Exchange. Power in the US, unlike Europe where markets are national, is priced around regional hubs, zones and nodes, meaning utilities that are active in a number of markets are subject to basis risk if power prices move in different directions at different locations. Nodal Exchange offers the world’s largest set of electrical power locational (nodal) futures contracts.
Asia
MGSL launched Trade Registration services for the Japanese Power Market in May 2020. This product was the first Asian market area on the MGSL Power Derivatives platform and the first MGSL Group product specifically built for the Asian market. Within less than two years, MGSL established its leading position in the Japanese Power Derivatives market, confirmed by an 87% market share in cleared power futures volumes.