N2EX launches SMS price notification service


Lysaker, 5 March 2012

N2EX has launched an SMS market price notification service, with discounts available to early adopters.

The service, delivered by Nord Pool Spot, which jointly operates N2EX with NASDAQ OMX Commodities, is now live and will provide users with a real-time SMS notification of the N2EX auction volume and prices including:

  • Daily average price with 2 decimals (BL:xx,zz)
  • Change in price from previous delivery day (D minus D-1)
  • Vol: - Volume for the Auction
  • Peak price (DP)
  • Overnight price (DON)
  • Block 3 and 4 price (B34)
  • Block 5 price (B5)
  • Block 6 price (B6)

The normal cost of receiving daily N2EX SMS updates will be €120  per calendar year for each registered user, but customers signing up for the new service before Sunday 1 April will receive a 20% discount on the annual fee.

To subscribe to the service contact the power data services team at Nord Pool Spot: pds@npspot.com


For further information, please contact N2EX:

Emma McKiernan, Client Relationship Executive UK, Nord Pool Spot, phone +44 7887 744 700, emk@npspot.com

Press contacts:
Stuart Disbrey, Communications Manager UK, Nord Pool Spot AS, phone +44 7887 409 044
 
Sara Aadnesen, Director Communication, NASDAQ OMX Commodities,
phone +47 6752 8080/+47 9060 0759


About N2EX
N2EX is the name of the UK power market offering from Nord Pool Spot and NASDAQ OMX Commodities. NASDAQ OMX Clearing is the authorized clearinghouse.

The web site, www.n2ex.com, provides market information and documentation for the UK power market.

About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its members. 350 companies from 20 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2011 the group had a total turnover of 316 TWh, which includes the auction volume in the UK market N2EX.

For more information, visit www.nordpoolspot.com.

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.

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.
NASDAQ OMX Commodities has nearly 350 members from over 15 countries covering a wide range of energy producers, consumers and financial institutions.

For more information, please visit www.nasdaqomxcommodities.com.

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 Person.