no 70/07 Yearly review of risk parameters


Nord Pool Clearing will update the risk parameters based on an ordinary yearly review. The review comes in addition to the continuing monitoring and updating of parameters during the year.  

Lysaker, 31 October 2007

The update to the parameters will result in marginal changes in the margin call for the clearing members.

The updates will have impact on the calculation of the daily margin call for which collateral must be posted by 11.00 a.m. on Friday 2 November 2007.

http://www.nordpool.com/static/nordpool/archive/information/participant_information/Pdf/70-07riskparameters.pdf Clearing  information no 70-2007   (PDF-format)  
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For further information, please contact Nord Pool Clearing:  

Trond Svensgaard, head of risk management, phone +47 6710 8412/+47 9012 3679

Kristian Kloster, risk management, phone +47 6710 8415/+47 9593 1881