no 28/17 Nasdaq Commodities to go live with German Only Futures Contracts

SWEDEN


In the light of potential split of the German and Austrian grid, Nasdaq Commodities has in collaboration with its Members agreed to implement new German Futures Contracts settling against the German price only. The go-live date for the new products is Friday May 12, 2017, subject to testing and regulatory approval.

The contract suite includes monthly, quarterly and yearly Futures contracts.

The new contracts will be listed in parallel to the existing German Futures Contracts that settle against the combined German and Austrian price. For further clarification, no changes are made to the existing EDE contracts.

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

 

For further information, please contact Nasdaq Commodities:
 
Knut Rabbe, Head of Sales Commodities Europe, phone +47 6752 8032/+47 9322 0800, knut.rabbe@nasdaq.com    

Anja Weiss, Nasdaq Commodities Sales, phone +44 7880 386321, anja.weiss@nasdaq.com 

Peter Boehmwalder, Nasdaq Commodities Sales, phone +43 664 263 7197, peter.boehmwalder@nasdaq.com

Arman Mohii, Nasdaq Commodities Products, phone +46 73 449 7850, arman.mohii@nasdaq.com

 

Media contact:

Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com

 

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.  As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.

 

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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