No. 12/2010 NPS - Collateral requirements lead to suspension of participant
On 23 February Nord Pool Spot suspended Vitel from trading due to the company’s failure to post sufficient collateral. The decision is in line with the rulebook for Nord Pool Spot’s markets.
The collateral requirement should always cover seven days net purchase.
Lysaker, 24 February 2010
For further information, please contact Nord Pool Spot:
Siw Hauge, director communications, phone +47 90 61 59 92
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