New listing pattern for the two-hour block


Lysaker, 16 June 2011

The two-hour blocks are currently listed on a rolling contract basis 48 hours out. In the new listing pattern 12 two-hour blocks covering one day will be listed in the prompt market every trading day at 07.00. These blocks will then roll over to the spot market when the prompt market closes at 19.00 (see table below).

Contracts with delivery on Tuesday and Wednesday will become available directly in the spot market when the spot market reopens after the nightly service break at 00.05 on Saturday and Sunday respectively (see table below).

The new listing pattern will be implemented in the Condico member test environment from 20 June 2011 and in the production environment from 25 July 2011.

Trading day Time Two-hour block with delivery day Listed in
 Monday 07.00 Thursday PROMPT
  19.00 Thursday SPOT
Tuesday 07.00 Friday PROMPT
  19.00 Friday SPOT
Wednesday 07.00 Saturday PROMPT
  19.00 Saturday SPOT
Thursday 07.00 Sunday PROMPT
  19.00 Sunday SPOT
Friday 07.00 Monday PROMPT
  19.00 Monday SPOT
Saturday 00.05 Tuesday SPOT
Sunday 00.05 Wednesday SPOT

An updated version of the product overview will be posted on project place and web Friday 17 June 2011.


For further information, please contact N2EX:

Åsmund Drivenes, Manager N2EX Operation, phone +47 9240 4472, asmund.drivenes@npspot.com

Aivaras Simkunas, Trading Adviser, phone+47 9003 3556, aivaras.simkunas@npspot.com


Press contacts:
Stina Johansen, Communications Manager, Nord Pool Spot AS, phone + 47 9165 0603

Sara Aadnesen, Director Communication, NASDAQ OMX Commodities,
phone +47 6752 8080/+47 9060 0759


About N2EX
N2EX is the name of the UK power market offering from Nord Pool Spot and NASDAQ OMX Commodities. NASDAQ OMX Clearing is the authorized clearinghouse.

The web site, www.n2ex.com, provides market information and documentation for the UK power market.

About Nord Pool Spot
Nord Pool Spot runs the largest market for electrical energy in the world, offering both day-ahead and intraday markets to its participants. Nearly 340 companies from 18 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Helsinki, Stockholm, Copenhagen, Tallinn and London. Nord Pool Spot is owned by the Nordic transmission system operators. In 2010, the group had a turnover of 307 TWh representing a value of EUR 18 billion.

For more information, visit www.nordpoolspot.com.

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.

NASDAQ OMX Clearing is the trade name of NASDAQ OMX Stockholm 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.
 

NASDAQ OMX Commodities has more than 350 members from over 15 countries covering a wide range of energy producers, consumers and financial institutions.

For more information, please visit www.nasdaqomxcommodities.com.

This document is being directed solely at and may only be communicated to persons: (i) who have professional experience in matters relating to investments as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FPO") or, (ii) who are high net worth companies, unincorporated associations and trustees of high value trusts within Article 49(2)(a)-(d) of the FPO, or (iii) to whom it may otherwise be lawful to distribute it (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.