On 21 December 2007, Nord Pool agreed to sell its two subsidiaries—Nord Pool Clearing, which deals with clearing transactions, and Nord Pool Consulting—to the global exchange operator NASDAQ OMX. On 17 March 2010, NASDAQ OMX announced it will acquire all shares of Nord Pool ASA. The deal does not include Nord Pool Spot AS, which will continue physical electricity market trading operations independently. The deal was approved by market regulators on 31 May 2010. On 1 November 2010, Nord Pool ASA changed its name to NASDAQ OMX Oslo ASA and introduced a trade name NASDAQ OMX Commodities Europe.