A summary of the changes are outlined below. Attached document, Appendix 12 to NASDAQ OMX Derivatives Markets Rules and Regulations, contains the version that will come into effect on July 7th, 2011.
Summary of changes to Appendix 12:
1) Government treasury bills and bonds issued by Austria, France, Netherlands and USA are approved as eligible collateral.
2) ETF:s, XACT Norden 30 with isin SE0001710914, XACT OMXS30 with isin SE0000693293 and XACT OMXSB with isin SE0001056045 is approved as eligible collateral.
3) Haircuts on bonds issued by Finnish deposits banks will be changed, taking into account maturity dates of the underlying securities. Maximum amounts will also be changed.
4) Bonds issued by Finnish mortgage credit banks will be removed as eligible collateral.
5) All government-, bank- and mortgage bonds approved as eligible collateral need to have a minimum outstanding amount of DKK 80-, EUR 10-, GBP 10- NOK 80- SEK 100-, and USD 14 million per security to be accepted as eligible collateral.
Attached document:
Appendix 12 Collateral list – effective date July 7th, 2011.
Legal disclaimer: This Exchange Notice is provided only as notification to NASDAQ OMX Derivatives Markets participants and other contracting parties of NASDAQ OMX Derivatives Markets and is not intended for any other purposes. Prior to taking any action based on the above information, the Rules and Regulations of NASDAQ OMX Derivatives Markets (“Rules”) should be fully understood. NASDAQ OMX Derivatives Markets is not responsible for any misinterpretation of the information provided in this Exchange Notice. Subject to the Rules, NASDAQ OMX Derivatives Markets assumes no liability for the accuracy or completeness of the contained information or for any damages arising from actions taken on the basis of this Exchange Notice.
For further information concerning this exchange notice please contact Risk Management European Financial Products, telephone +46 8 405 70 88, or riskmanagement@nasdaqomx.com
