Introduction of Fees for Guarantees and Letters of Credit
NASDAQ OMX will introduce a fee for administrating bank guarantees and letters of credit as of February 1, 2013.
The fee structure will apply for NASDAQ OMX Derivatives Markets, NASDAQ OMX Commodities, and N2EX. Fees will be charged for each decrease, cancellation, or change of expiry date as follows:
- NASDAQ OMX Commodities members will be charged EUR 100 except if the guarantee or letter of credit is issued in GBP, in which case the fee is GBP 100.
- NASDAQ OMX Derivatives Markets members will be charged the fee in the same currency as the guarantee or letter of credit is issued in. The fees are SEK/NOK/DKK 1 000 or EUR 100.
- N2EX members will be charged GBP 100.
Updated Contact Information
Effective immediately, all new guarantees or letters of credits, amendments, and cancellations should be addressed to:
NASDAQ OMX Stockholm AB
Attn: Collateral Management
Tullvaktsvägen 15
105 78 Stockholm
Sweden
Please e-mail or fax a copy of the guarantee or letter of credit for approval, prior to mailing the original, to cms@nasdaqomx.com or +46 8 723 1091.
For questions concerning this exchange notice, please contact Collateral Management at NASDAQ OMX at +46 8 405 6266.
