no 60/13 Client Representatives’ access to Clearing

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
no 60/13 Client Representatives’ access to Clearing Clients’ custody accounts at the Clearinghouse

NASDAQ OMX Commodities will implement an amendment to the Clearing Rules allowing the Clearinghouse to grant access to a Clearing Client’s custody accounts at the Clearinghouse to such Clearing Client’s Client Representative. Such access will be granted by default unless the Clearing Client requests otherwise in writing. The amendment will come into effect 2 September 2013 . 

For the amendment; please see section 4.8.1 (e) of the Clearing Rules: http://www.nasdaqomx.com/commodities/Marketac...gestorules

For further information, please contact NASDAQ OMX Commodities: Juuso Korhonen, Head of Collateral Management, phone +46 8 405 7297, juuso.korhonen@nasdaqomx.com

Media contact: Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaqomx.com

About NASDAQ OMX The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million    messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

About NASDAQ OMX Commodities NASDAQ OMX Commodities is the brand name for the NASDAQ OMX Group’s worldwide suite of commodity related products and services. The NASDAQ OMX Commodities offerings include power, natural gas and carbon emission markets and clearing services. NASDAQ OMX Commodities is a trademark of the NASDAQ OMX Group, Inc.

NASDAQ OMX Commodities Europe is the trade name of NASDAQ OMX Oslo ASA which is authorized as a commodity derivatives exchange by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with NASDAQ OMX Commodities Europe are subject to clearing with NASDAQ OMX Clearing.

NOS Clearing ASA is the leading clearing house for the freight market and a specialist clearing provider to the commodities markets. The company is wholly owned by the NASDAQ OMX Group Inc. The clearinghouse, which is situated in Oslo, has more than 300 members.

NASDAQ OMX Clearing is the trade name of NASDAQ OMX Stockholm 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

NASDAQ OMX's Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements. 

This document is being directed solely at and may only be communicated to persons: (i) who have professional experience in matters relating to investments as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FPO") or, (ii) who are high net worth companies, unincorporated associations and trustees of high value trusts within Article 49(2)(a)-(d) of the FPO, or (iii) to whom it may otherwise be lawful to distribute it (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

IPS Showcases Innovative Solar and BESS Solutions at RE+ Event

Updated Category News Views 148

Integrated Power Services to Feature at RE+ Integrated Power Services (IPS) stands out as a pioneer in the realm of electrical, mechanical, and power management systems. At the upcoming RE+ event, set to take place in September in Las Vegas, IPS will present its cutting-edge solar infrastructure and Battery Energy Storage Systems (BESS) solutions to an audience eager to...

Continue Reading
Understanding Recent Transactions by Directors at Octopus Apollo VCT

Updated Category News Views 152

Recent Transactions Involving Octopus Apollo VCT PLC Directors Octopus Apollo VCT PLC has recently disclosed important transactions involving its directors and persons closely associated with them. Such notifications are crucial as they provide transparency about managerial activities within the company, helping investors stay informed about potential changes in ownership...

Continue Reading
Crown Laboratories' PanOxyl® Celebrates Allure's 2024 Awards

Updated Category News Views 236

Let's cut to the chase: Crown Laboratories is flexing hard with PanOxyl's recent haul at the Allure 2024 Best of Beauty Awards. Not just a couple of shiny trinkets; we're talking about their Acne Foaming Wash and Overnight Spot Patches being recognized among the crème de la crème in the beauty biz. These aren’t just awards; they're a litmus test for what works in acne...

Continue Reading
Celebrating Global Impact: Academy for Creating Enterprise Grows

Updated Category News Views 135

Celebrating Global Impact: Academy for Creating Enterprise Grows In an impressive recognition of 25 years of dedicated service, the Academy for Creating Enterprise has joyfully marked the launch of its 1,000th chapter, coupled with the introduction of a dynamic sponsorship program aimed at enhancing growth and support for emerging entrepreneurs. This significant milestone...

Continue Reading
Chipotle Faces Legal Challenges Amid Stock Price Decline

Updated Category News Views 230

Chipotle Mexican Grill's Stock Price Decline Recently, Chipotle Mexican Grill, Inc.'s stock saw a significant drop of 7.5%, sparking concerns among investors. This decline follows troubling allegations related to the quality of food served at their restaurants, raising questions about accountability and management practices within the company. The Class Action Lawsuit...

Continue Reading