Nasdaq Futures Passes One-Year Mark, Eyes 10% Market Share

Nasdaq's deputy head of global commodities says the US-based energy exchange currently is averaging 4 percent market share across crude oil, natural gas, refined products and US power.

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Magnus Haglind, Nasdaq

It's unusual to consider Nasdaq an underdog, as the exchange giant has long been a staple of the capital markets.

It's a different story in the futures market, which is dominated by CME Group and Intercontinental Exchange (ICE).

That didn't stop Nasdaq from joining the fray. The firm announced in March 2015 at FIA Boca that it planned to launch a US-based designated contract market (DCM) for the energy markets.

Just over four months later, on July 24, 2015, Nasdaq Futures (NFX) was launched with