Lysaker, 19 November 2012
In connection with the launch of Estonian CfD contracts on 26 November 2012 (for more information see Exchange and Clearing message no.60/12), NASDAQ OMX Clearing introduces a new margin parameter – a correction factor for Estonian CfD contracts. The correction factor depends on the price area and is used for the calculation of risk interval for CfD contracts. The value of the correction factor for Estonian CfD contracts is set to 0.80. The margin parameter will impact the calculation of the daily margin call for which collateral must be posted by 11:00 CET on Tuesday 27 November.
For further information, please contact NASDAQ OMX Commodities:
Kjersti Ulset, Head of Risk Management European Commodities, phone +47 6710 8426, kjersti.ulset@nasdaqomx.com
Press contact:
Sara Aadnesen, Director Communication, phone +47 6752 8080/+47 9060 0759, sara.aadnesen@nasdaqomx.com
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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.
For more information, visit www.nasdaqomxcommodities.com
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