Staggered auction schedule for the Christmas and New Year holidays
Due to the bank holidays on 27-28 December and 3 January 2010, there will be special routines for the weekend and bank holiday auctions. Please refer to the detailed staggered auction schedule, weekend and bank holiday’s products explanations below:
Day-ahead auction
Staggered auction for five days will be run on 24 December and for four days on 31 December:
24 December schedule:
09.15 – Auction closure for Saturday (25 Dec)
09.30 – Auction closure for Sunday (26 Dec)
09.45 – Auction closure for Monday (27 Dec)
10.00 – Auction closure for Tuesday (28 Dec)
10.15 – Auction closure for Wednesday (29 Dec)
31 December schedule:
09.15 – Auction closure for Saturday (1 Jan)
09.30 – Auction closure for Sunday (2 Jan)
09.45 – Auction closure for Monday (3 Jan)
10.00 – Auction closure for Tuesday (4 Jan)
Prompt market
Weekend bank holiday products available for OTC trade registration give-ups during this period are:
WEBH-2010-51 – Lot size: 96; first trading day: 21.12.2010; delivery period: 24.12.2010 – 28.12.2010
WEBH-2010-52 – Lot size: 72; first trading day: 28.12.2010; delivery period: 31.12.2010 – 03.01.2011
Lysaker, 6 December 2010
For further information, please contact N2EX:
N2EX Trading Operations, phone +44 207 065 8140/+47 6710 9190,
physical.trading@n2ex.com
Press contacts:
Siw Hauge, Director Communications, Nord Pool Spot, phone + 47 9061 5992
Trine Fersnes Riccardi, Director of Communications, Corporate Communications,
phone +47 6752 8080/+47 9574 7497
About N2EX
N2EX is the name of the UK power market offering from NASDAQ OMX Commodities and Nord Pool Spot. NASDAQ OMX Stockholm AB is the authorized clearinghouse.
The web site, www.n2ex.com, provides market information and documentation for the UK power market.
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 a secondary name of NASDAQ OMX Oslo ASA, and is authorized as a commodity derivatives exchange by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority.
The clearinghouse, NASDAQ OMX Stockholm AB, is authorized and supervised as a multi-asset clearing house 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 370 members from almost 20 countries covering a wide range of energy producers, consumers and financial institutions.
For more information, please visit www.nasdaqomxcommodities.com.
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. 330 companies from 20 countries trade on the exchange. The Nord Pool Spot group has offices in Oslo, Helsinki, Stockholm, Fredericia (Denmark), Tallinn and London. Nord Pool Spot is owned by the Nordic transmission system operators. In 2009, the group had a turnover of 288 TWh representing a value of EUR 10.8 billion.
For more information, visit www.nordpoolspot.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.