From October 1, 2018, the split of the German-Austrian price zone becomes effective. The Nasdaq German Electricity Futures and DS Futures with the average of the hourly prices from the day-ahead auction for the German-Austrian price zone as Contract Base will use the weighted average of the hourly day-ahead prices for the German and Austrian price zones as Spot Reference Fix. The weighting will be 90% of the hourly prices from the day–ahead auction for the German price zone and 10% of the hourly prices from the day-ahead auction for the Austrian price zone.
The Nasdaq German Only Electricity Futures and Monthly DS Futures will be settled against the average of the hourly prices from the day-ahead auction for the German price zone.
For further information, please contact Nasdaq Commodities:
Market Place Services, phone +47 67 52 80 37, desken@nasdaq.com
Media contact:
David Augustsson, Head of Communications, Nasdaq Commodities Europe, phone +46 734496135 david.augustsson@nasdaq.com
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About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing 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.nasdaqomx.com/commodities
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