Copenhagen
Europe’s exchange for event-linked risk.
Energy, climate, commodities and financial underlyings, priced in the open.
Markets in development
Six underlyings. One venue.
Every contract settles on a number somebody else publishes - a grid operator, a met office, a statistics agency. No discretion, no committee, no polling the room.
Wind outputNorthern Europe
How much power the wind fleet actually produces over a delivery period.
Settles on grid operators' published generation data.
Institutions
Hedge the exposure you currently absorb.
- Weather risk that sits on your book unhedged.
- Positions that settle on published data.
- Built to be regulated from the start.
Traders
Markets that were never open to you.
- European power and climate, priced live.
- One venue, euro denominated.
- Early access starts with the waitlist.
Waitlist
Get in before the opening bell.
Saga opens the day our licence does. The waitlist gets there first: the contracts before they list, and the note that says we’re live.