Exchange and Clearing Information
no 17/13 NASDAQ OMX Commodities confirms listing of new German Futures and Options, extension of Nordic and Carbon product suites
NASDAQ OMX Commodities is pleased to announce the launch of new instruments in Genium INET. Genium INET will be upgraded to version 0222 during the weekend 23-24 March, 2013. The enhancements listed below will be activated for members according to the time plan presented below.
Activation 25 March, 2013:
Extension of the German Power Forward Curve
NASDAQ OMX Commodities will extend the German Forward Curve. The extended forward curve will cover 6 monthly, 8-11 quarterly and 5 yearly contracts. The product calendar will be updated by March 15 to reflect the launch of these products.
Launch of European Options for German Power Forwards Contracts
NASDAQ OMX Commodities will launch a suite of European Style Options on monthly, quarterly and yearly German Forwards contracts. The product calendar will be updated by March 15 to reflect the launch of these products.
Extension of the Nordic Power Forward Curve
NASDAQ OMX Commodities will extend the Nordic Forward Curve. The forward curve will now cover up to 10 yearly contracts. The new contracts will have exactly the same technical setup as to delivery and settlement procedures as the existing contracts and the same regulatory framework will apply. The product calendar will be updated by March 15 to reflect the launch of these products.
Activation 6 May, 2013:
German Power Futures
The present German product offering will be extended to include German Futures contracts. In addition to the existing daily and weekly futures contracts, 6 monthly, 8-11 quarterly and 5 yearly futures contracts will be listed. The product calendar will be updated by March 15 to reflect the launch of these products.
Launch of European Options for German Power Futures Contracts
NASDAQ OMX Commodities will launch a suite of European Style Options on monthly, quarterly and yearly German Futures contracts. The product calendar will be updated by March 15 to reflect the launch of these products.
Activation during Q2-2013, first day of trading to be confirmed in a separate notice:
Introduction of Swedish and Norwegian Electricity Certificates
Subject to testing and regulatory approval, Swedish and Norwegian Electricity Certificates will be listed for trading and clearing. The instruments will be Euro denominated covering daily spot contracts and 5 yearly forward contracts with March expiry. The product calendar will be updated by March 15 to reflect the launch of these products.
Introduction of European Union Aviation Allowances (EUAA) Futures
Subject to testing and regulatory approval, Physically delivered EUAA Futures Contracts will be listed. Up to four quarterly contracts will be listed (March, June, September and December) for the two nearest years, in addition December contract expiries up to 2020. The new contracts will have exactly the same technical setup as to delivery and settlement procedures as the existing EUA/CER future contracts. The product calendar will be updated by March 15 to reflect the launch of these products.
The member extranet http://nordic.nasdaqomxtrader.com/memberextranet/genium_inet/ is updated at all times with the latest Genium INET related documentation.
The market model document Section 2.1.6, Section 3.3 and Appendix A will be updated with the above mentioned changes.
For further information, please contact NASDAQ OMX Commodities:
Technical support (technical queries and support), phone +46 8 405 6400, firstname.lastname@example.org
Member Services (logons, passwords, FIX, etc.), phone +46 8 405 6660, MS.Geniuminet@nasdaqomx.com
Trading desk, phone +47 6752 8037, email@example.com
Risk Management phone +47 67108426, firstname.lastname@example.org
Member and Market Readiness (test environments for members and ISV, etc.), phone +46 8 405 6944, Charlie.email@example.com
Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, firstname.lastname@example.org
About NASDAQ OMX
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
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.
For more information, visit www.nasdaqomx.com/commodities
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