Subject to testing and regulatory approval, Nasdaq Commodities is changing the end of Exchange Opening Hours for reporting Block and EFP/EFS trades from 19:00 CET to 18:15 CET.
Please note that the opening hours of the electronic order book, the ETS and MTS Opening Hours are not affected, with the exception of the end of ETS and MTS Opening Hours for Fuel Oil contracts that will be changed from 19:00 CET to 18:00 CET.
The Error correction deadline will also be changed from 19:00 CET to 18:15 CET. The Allocation Deadline remains unchanged at 19:15 CET, which is the deadline for when all Transactions in an Intraday Account must be allocated to its final Clearing Account.
Due to the de-listing of the freight products we are adjusting the UK trading calendar and the related markets will be closed on December 24 and 31.
The Trading and Clearing Appendix 3 will be updated to reflect these changes in due course.
For further information, please contact Nasdaq Commodities:
Market Place Services, phone +47 67 52 80 37, desken@nasdaq.com
Media contact:
David Augustsson, Head of Communications, Nasdaq Commodities Europe, phone +46 734496135 david.augustsson@nasdaq.com
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. 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 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 4, 000 total listings with a market value of approximately $14 trillion.
To learn more, visit: http://business.nasdaq.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 https://business.nasdaq.com/trade/commodities/
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