Start Page > Market news > Exchange information > No.22/2009 Short-term adjustment of collateral requirements for physical electricity contracts


No.22/2009 Short-term adjustment of collateral requirements for physical electricity contracts


Nord Pool Spot AS hereby gives notice that collateral requirements will be increased during Easter. The adjustment is in accordance with the Rulebook for Nord Pool Spot’s physical markets.

The adjustment is made in order to cover the period of non-clearing days during Easter.

The adjusted collateral requirement will be increased by two days and will be calculated based on nine days net purchase.

The collateral requirement must be posted by 11.00 CET on Monday 30 March 2009.

The collateral requirement will be reduced to seven days net purchase on Thursday 16 April 2009.

 

Lysaker, 26 February 2009

 

For further information, please contact Nord Pool Spot:

Morten Landrø, risk manager, phone +47 6752 8087 /+47 9222 3355

Vibeke Morthaug, business controller, phone +47 6752 8075/+47 9203 7050

Gudmunn Sørensen, chief accountant, phone +47 6752 8062/+47 9300 7947

Nord Pool Spot launches new logo

Nord Pool Spot’s new company profile draws on the Nordic light, nature and purity. Read more

Changes in Nord Pool Spot’s technical infrastructure

During the weekend 12-13 June several changes have been made in the technical infrastructure and backend systems. Read more