Risk parameters for Nordic Power and some Nordic EPAD Contracts will be updated based on market developments. Margin requirements for contracts with delivery during the third and fourth quarter of 2016 will increase for Nordic Power contracts and EPAD contracts on areas Århus, Copenhagen, Helsinki, Riga, Stockholm, and Tallinn.
The updated parameters will have impact on the calculation of the daily margin requirement for which collateral must be posted by 11:00 CET on Friday, December 18, 2015.
Updated margin curves can be found at:
http://www.nasdaqomx.com/trading/commodities/...gincurves/
Details about the new risk parameters can also be found on our File Transfer Protocol (FTP) server.
F or further information, please contact Nasdaq Commodities:
Kjersti Ulset, Head of Risk Management Commodities, phone +47 6710 8415/+47 4828 1600, kjersti.ulset@nasdaq.com
Media contact:
Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com
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About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
NASDAQ OMX Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with NASDAQ OMX Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of NASDAQ OMX Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information, visit www.nasdaqomx.com/commodities
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