Nord Pool Spot AS hereby gives notice that collateral requirements will be increased during Christmas. The adjustment is in accordance with the Standard Terms for Trading and Clearing in Nord Pool Spot’s physical markets.
The adjustment is made in order to cover the period of non-clearing days during Christmas.
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 a.m. on Tuesday 14 December 2010.
The collateral requirement will be reduced to seven days’ net purchase on Wednesday 05 January 2011.
Lysaker, 22 November 2010 14:15 CET
For further information, please contact Nord Pool Spot AS:
Morten Landrø, Risk Manager, phone: +47 67 10 91 51 /+47 92 22 33 55