Nasdaq has in close cooperation with its members developed a new incentive program to further increase the liquidity in Nasdaq Electricity Futures. The program will be included in the fee list and will be available for all members from 1 June 2018.
The New Combined German and Nordic Electricity Futures Incentive Program
Each Trading Account with combined German and Nordic Electricity volumes, traded and cleared with Nasdaq, exceeding a certain threshold each calendar month, is eligible to receive rebates depending on total traded and cleared volumes in the Nasdaq German and Nordic Electricity Futures.
To be eligible for the rebates, there is an obligation that the member trades and/or clears a minimum of 1TWh of Nasdaq German Futures and a minimum of 5 TWh combined Nordic and German Electricity volumes during a specific calendar month.
The thresholds and rebates are as below:
| Thresholds provided a minimum of 1TWh of the volumes are in Nasdaq German Electricity Futures | The rebate |
| Total Nasdaq German and Nordic Electricity Futures volumes exceeding 5TWh for the specific month | 5 000€ for the specific month |
| Total Nasdaq German and Nordic Electricity Futures volumes exceeding 10TWh for the specific month | 10 000€ for the specific month |
| Total Nasdaq German and Nordic Electricity Futures volumes exceeding 15TWh for the specific month | 15 000€ for the specific month |
| Total Nasdaq German and Nordic Electricity Futures volumes exceeding 20TWh for the specific month | 20 000€ for the specific month |
Termination of the Fixed Fee Program for European Power
Nasdaq Fixed fee program that currently includes German Electricity Futures volumes and combination of German and French Electricity Futures volumes will be terminated at the end of May 2018.
Free Trading and Clearing Fees in Nasdaq German Only Futures for New Members
New Exchange Members and Account Holders with monthly volumes per Trading Account exceeding 1 TWh in Nasdaq German Only Electricity contracts will be refunded all trading and clearing fees for Nasdaq German Only Electricity contracts for each month for the first three (3) months of their trading.
For further information, please contact Nasdaq Commodities:
Knut Rabbe, Head of Sales, +47 67 52 8032, knut.rabbe@nasdaq.com
Media contact:
Sara Aadnesen, Director Corporate Communication, phone +47 9060 0759, sara.aadnesen@nasdaq.com
About Nasdaq
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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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