IT – Nasdaq Commodities to go live with German Only Futures Contracts - (20-17)


As communicated in Nasdaq Commodities Exchange Notice 32/17, Nasdaq Commodities will on May 18th, 2017, launch German Only Electricity Futures contracts.

The new contracts come in suites of monthly, quarterly and yearly futures contracts and will be listed in parallel to the existing German/Austrian Future contracts that settle against the combined German and Austrian price. For further clarification, no changes are made to the existing German/Austrian contracts.

The new contracts will initially settle against the combined German and Austrian price, however at such time that the price areas separate, will then begin settling against the German price only.

Nasdaq Commodities will also provide inter-product spreads (a.k.a. standard combination) contracts for members to trade between the new German only and the existing German and Austrian contracts.

With the launch of the new German Futures contracts, the Nasdaq Commodities Delta Parameter file will include the following risk groups:

  • EDEFBL
  • EDEFPL

The new German Future contracts are available for test in Genium INET External test system 1 and External test system 3.

Please see http://www.nasdaqomx.com/commodities/Marketaccess/legalframework for contract specification.


For further information, please contact:

Tobias Einarsson
Nasdaq Commodities Program Manager
tobias.einarsson@nasdaq.com
+46 8 405 6375


Charlie Holmgren
Technical Relations
Charlie.holmgren@nasdaq.com
+46 8 405 6944


 


Attachments

IT_Exchange_Notice_2017  German Only.pdf