Nasdaq Commodities will launch European Style Options for the Nordic Electricity market. Subject to successful testing and regulatory approval, the contracts will be available for trading and clearing on November 21, 2016.
The Options will be for yearly and quarterly contracts and have Nordic Futures as underlying. The Trading and Clearing Rules and the product calendar of Nasdaq Commodities will be updated to reflect the launch of these contracts in due course.
For further information, please contact Nasdaq Commodities:
Knut Rabbe, Nasdaq Commodities Head of Sales, phone + 47 6752 8032, knut.rabbe@nasdaq.com
Anne-Marit Rudby, Product Director Commodities, phone +47 91580323, anne-marit.rudby@nasdaq.com
Media contact: Sara Aadnesen, Global Director Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com .
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 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 Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq 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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