Nord Pool

Nord Pool

Nord Pool overview

Nord Pool Spot, which has its head office in Oslo, Norway, is a pan-European power exchange, covering power markets in Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Great Britain, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Sweden, Croatia, Bulgaria and Georgia. Clients trading Nord Pool Spot intraday markets on TT will be able to leverage the platform's sophisticated algorithmic and other automated trading tools, as well as its risk management capabilities across the trade lifecycle.

Nord Pool Spot Exchange API Support

TT® supports the following:

  • Prices: Websocket Trading API using STOMP protocol
  • Orders: Websocket Trading API using STOMP protocol

Matching Algorithms

The exchange uses price-time priority when matching orders meaning that it first matches the oldest buy and sell orders submitted at the same price limit.

Nord Pool Spot Market Depth

Currently, the exchange provides a maximum of twenty (20) levels of market depth for all products. TT receives market depth directly from the exchange and forwards it to the client trading applications.

Nord Pool Spot Trading Hours / Trading Sessions

Nord Pool Continuous Intraday trading is supported 24x7 on TT, and comprises the XBID and Local phases. The market opening times for contracts with delivery on the next day can be found on the Nord Pool website.

Unsupported Exchange Functionality

The following Nord Pool Spot functionality is not supported on TT:

  • Custom block instruments

Connectivity Options

The TT® platform provides connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options. Refer to TT Access for more details about your connectivity options for connecting to TT.