Stellar Trading Systems is to introduce connectivity to Nasdaq Futures, Inc. (NFX), following the official launch of the NFX platform in mid-2015.
NFX is the exchange group's U.S.-based designated contract market (DCM), offering futures and options on key energy benchmarks, which includes oil, natural gas and US power.
"We are pleased to continue to develop our longstanding partnership with Nasdaq, to the benefit of our customers, who gain ultra-fast access to their innovative portfolio of exchanges," says Steve Thomas, Stellar MD.
Stellar Trading Systems provides cutting-edge futures, options, equities and treasuries capabilities to professional traders, providing connectivity to the world's major exchanges. The addition of NFX further enhances Stellar's global offering, integrating with their full range of products, including Stellar spreadMachine, Quantum Server, Market Maker and Aggregator.
"The addition of Stellar Trading Systems to our platform allows us to further expand our footprint and ensure that the widest range of market participants have convenient access to our new suite of energy products," said Magnus Haglind, Vice President of Global Transaction and Market Services and Head of US Commodities. "Our goal is to provide popular energy contracts at a greater value to our customers and we are certain that Stellar will provide NFX clients with high performance access to these innovative markets."
Nasdaq's Global Commodities business offers trading and clearing solutions for assets including power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services. With competitive fees and a range of liquidity providers, Nasdaq provides a cost-effective, transparent and efficient marketplace that appeals to all types of trading entities.
