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OSLO (Reuters) - The Nord Pool exchange has received an operating license to host day-ahead power trading auctions for the first electricity cable linking Norway and Britain from this autumn, Norway’s Energy Regulatory Authority (NVE-RME) said on Wednesday.
The concession allows Nord Pool to run auctions for delivery over the new 1,400 megawatt (MW) North Sea Link cable once trial operations begin on Oct. 1, the regulator said.
On Tuesday, the operators of North Sea Link, transmission system operators (TSOs) Statnett and National Grid, announced testing of the subsea cable would commence on June 15.
Nord Pool will be running an implicit auction, meaning capacity on the cable and production traded on the exchange are auctioned together.
AP Photo/Craig Ruttle
Investing and trading in stocks is all the rage these days. With countless new people entering the space once dominated by Wall Street, there are some rules governing the market that people might not know about. In recent weeks, we have witnessed unprecedented volatility in stocks like AMC and GameStop, which has led to trading halts. In this article, we will explain how stock trading halts and market circuit breakers work.
Speculation that Robinhood has halted trading in $AMC is not accurate. Earlier today, the NYSE implemented a volatility trading pause of $AMC. Learn more about these kinds of halts here: https://t.co/y7UJwFKGCd
The financial services industry (measured by volume) dominated the activity chart of the Nigerian Exchange Limited (NGX), last week, with 687.623 million shares valued
By Jim Colby, Portfolio Manager and Strategist, Municipal Bonds
No, your eyes do not deceive you. Municipal bonds have not only recovered, posting positive returns in Q4 of 2020, but they have also continued to generate positive returns through the first four months of this year.
We always look to fundamentals to explain the behavior of the muni bond market. The following elements are now and we believe for the foreseeable future supportive of investor commitment to the municipal asset class:
Weekly flow of $1 billion or more into municipal funds, ETFs and separately managed accounts: The demand-supply discussion is not new. While new issues will continue to be plentiful, the current rate environment now leads to a new-issue blend of taxable and tax-exempt bonds. This may diminish reinvestment opportunity for tax-exempt dollars, leading to a narrowing of spreads all along the yield curve and generating positive returns.