OMX Commodities and GFI Group Inc. Announce Agreement to Electronically Clear Physical U.S. Power and Natural Gas Transactions

OMX Group, Inc. NDAQ and GFI Group Inc. GFIG today announced a strategic agreement to offer electronic trading and clearing of continental U.S. power and natural gas. The agreement broadens the clearing options for energy traders in the U.S and expands NASDAQ OMX Commodities' global presence. Customers who trade in physical and financial power and natural gas may as a result of this agreement conduct transactions using GFI's electronic commodities trading platform, EnergyMatch, with NASDAQ OMX Commodities Clearing Company serving as the clearing solution. The electronic trading and clearing allows for immediate execution and automatic clearing of trades.