NASDAQ OMX Commodities is pleased to announce the launch of new instruments and features in Genium INET during Q1 2014. On 10 February 2014, Genium INET will be upgraded to support the European Market Infrastructure Regulation (EMIR) requirement of Unique Trade Identifier (UTI) in Clearing Reports. Thereafter, Genium INET will be upgraded to version 4.0201 during the weekend 15 to 16 March 2014. Subject to successful testing and regulatory approval, the changes will be activated for members according to the schedule below.
10 February, 2014
Under EMIR, all Clearing Members must from 12 February 2014 report derivative trades to a Trade Repository, which centrally collects and maintains trade and position data. The EMIR Trade Repository includes a Unique Trade Identifier (UTI), which NASDAQ OMX will implement in Clearing Reports. Please see IT notice 100/13 for further detail on the timeline of system changes. If you wish to know more about NASDAQ OMX’s EMIR trade reporting services, please do not hesitate to contact your Key Account Manager who can guide you through the changes. Additional information is also available on the Clearinghouse web site.
17 March, 2014
Extension of Exchange opening hours for German Power
Subject to testing and regulatory approval, NASDAQ OMX Commodities will extend the Exchange opening hours from 17.00 to 18.00 CET for German and Dutch Power. The change will have no impact on setting of the Daily Fix which will continue to be set 15.55 – 16.00 CET. Further, please note that the changes will have no impact on clearing hours, which are unchanged with registration of contracts for clearing until 18.00 CET.
Extension of UK Power product suite
Subject to testing and regulatory approval, Peak Season Futures contracts will be listed for the UK Power Market. At any given time, three Peak Season contracts will be available for trading and clearing. The contract specification in Trading and Clearing Appendix 2 and the product calendar will be updated to reflect the launch of these products in due course.
Please see IT notice 105/13 for full details on enhancements and system changes impacting ISV and Members with integration requirements.
24 March, 2014
Extension of Exchange opening hours for Nordic Power
Subject to testing and regulatory approval, NASDAQ OMX Commodities will extend the Exchange opening hours from 15.30 to 16.00 CET for Nordic Power and Swedish-Norwegian Electricity Certificates. As previously announced, the time period for calculating the Daily Fix for Nordic Power will shift from 15.25 - 15.30 CET to 15.55 - 16.00 CET. Please see Exchange and clearing Information 53/13 and 70/13 for more information on this change.
Introduction of File Transfer Protocol (FTP) service for reports
Subject to testing and regulatory approval, NASDAQ OMX Commodities will introduce an FTP service for downloading of reports. The FTP service will be available to members as an additional service to the Clearing Workstation 1 (CW1) and Clearing Workstation 2 (CW2) report distribution, i.e. the existing delivery of reports to CW1 and CW2 will continue as of today.
Please contact memberservices@nasdaqomx.com for further details on the FTP service.
Member area for technical information
At all times, the member area contains the most up-to-date documentation regarding Genium INET protocol specifications, member applications, future enhancements and key projects. Further, all information regarding testing and certification for successful member, broker and Independent Software Vendor (ISV) integration can be found here.
For further information, please contact NASDAQ OMX Commodities:
Technical support (technical queries and support), phone +46 8 405 6400, technicalsupport@nasdaqomx.com
Member Services (logons, passwords, FIX, etc.), phone +46 8 405 6660, memberservices@nasdaqomx.com
Marketplace, phone +47 6752 8037, desken@nasdaqomx.com
Risk Management phone +47 67108426, clearing.risk@nasdaqomx.com
Member and Market Readiness Technical contact: Kestan Hasan, +46 8 405 6621 Kestan.hasan@nasdaqomx.com
Media contact
Sara Aadnesen, Director Corporate Communication, 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-40 microsecond average speeds, our technology drives more than 80 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 more than 3,300 listed companies worth $7 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 AB 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.
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