Nasdaq Commodities will launch European Style Options for the German Only Electricity market. Subject to successful testing and regulatory approval, the contracts will be available for trading and clearing on November 19, 2018.
The Options will be for yearly and quarterly contracts and have German Only Futures as underlying. The Trading and Clearing Rules and the product calendar of Nasdaq Commodities will be updated to reflect the launch of these contracts in due course.
Delisting of German Electricity Base Future Option Contracts
The following contracts will be delisted:
German Electricity Base Future Year Option - EDEFUTBL[C/P]YR[Y][MMMY]-[XX]
German Electricity Base Future Quarter Option – EDEFUTBL[C/P]Q[QY][MMMY]-[XX]
Delisting of German Electricity Base Average Rate Month Future Contracts
German Electricity Base Average Rate Month future – EDEAFUTBLM[MMM]- [YY]
For the sake of clarity, the existing quarterly contracts are cascading into the German Electricity Base Month Future - EDEFUTBLM[MMM]-[YY], and not into the German Electricity Base Average Rate Month future – EDEAFUTBLM[MMM]- [YY].
The contracts to be delisted are as of today suspended for trading and clearing. The trading and clearing rules and the product calendar of Nasdaq Commodities will be updated to reflect these changes in due course.
For further information, please contact Nasdaq Commodities:
Market Place Services, phone +47 67 52 80 37, desken@nasdaq.com
Media contact:
David Augustsson, Corporate Communications, +46 8 415 6135, david.augustsson@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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