no 38/18 Nasdaq Commodities Europe Announce Offici
Post# of 301275
With reference to Exchange and Clearing Information no 30/18 on the suspension of all freight contracts on July 12, 2018, Nasdaq Commodities Europe will officially delist and remove all freight contracts from the Nasdaq Commodities Rulebook Contract Specification, Appendix Trading Appendix 2 / Clearing Appendix 2, on October 1, 2018. In avoidance of doubt, the freight products will remain suspended until the delisting has taken place. The following freight contracts will be delisted;
Dry Capesize Futures
- C3_AVG futures
- C4_AVG futures
- C5_AVG futures
- C7_AVG futures
Dry Panamax Futures – 7 days
- P1A futures
- P2A futures
- P3A futures
Dry Time Charter Futures
- CS4TC futures
- CS5TC futures
- HS6TC futures
- SM6TC futures
- SM10TC futures
Dry Time Charter Options on Futures
- Options on CS4TC futures
- Options on CS5TC futures
- Options on HS6TC futures
- Options on SM6TC futures
- Options on SM10TC futures
Tanker Futures
- TC2USD futures
- TC5USD futures
- TC6USD futures
- TC7USD futures
- TC9USD futures
- TC12USD futures
- TC14USD futures
- TC15USD futures
- TD3USD futures
- TD7USD futures
- TD8USD futures
- TD20USD futures
LGP Freight Futures
- LPG1 futures
Please note that the suspended freight product offering is available for trading at Nasdaq Futures Exchange (NFX). More information about the NFX freight offering can be found here: https://business.nasdaq.com/Futures-Freight-Migration
Fuel Oil Futures
In addition to the official delisting of dry freight and tanker freight products, the fuel oil product 3.5% FOB Cargoes Mediterranean (MED35FOSS) year 2019 contracts will be suspended with immediate effect and delisted on October 1, 2018, as part of the previously announced in Exchange and Clearing Information no 11/18. For the fuel oil contract in question, the last contract available for trading and clearing will be:
Fuel Oil 3.5% FOB Cargoes Mediterranean - MED35FOSS_DEC18
For further information, please contact Nasdaq Commodities:
Kjetil Andersen – Business Development Commodities
Direct: +47 6710 8506
Media contact:
David Augustsson, Head of Communications, Nasdaq Commodities Europe, phone +46 8405 6135
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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