This site uses cookies to offer you a better browsing experience. Find out more on how we use cookies and how you can change your settings.

Nord Pool logo
Nord Pool logo
  • Trading
    • Join our markets
      • Contact us
      • Becoming a customer
      • Membership list
    • Operational messages
    • Day-ahead trading
      • Order types
      • Price calculation
      • Preliminary prices and exchange rates
      • Capacities
      • Ramping
      • Loss functionality
      • Curtailment, price thresholds and decoupling
    • Intraday trading
      • Order types
      • Capacities
    • Clearing
      • Settlement
      • Collateral
      • Trading Models
    • API
      • ISV partners
    • Rules and regulations
    • Market surveillance
      • Market Surveillance Newsletter
      • Expert reports
    • Intraday Auctions
    • Nordic Flow-Based Day-Ahead Market Coupling
      • Impact of Nordic Flow-Based on the Nordic System Price
      • System price results
    • Transition to 15-minute Market Time Unit (MTU)
      • FAQ
    • EPAD auctions
    • Euronext Nord Pool Power Futures
  • Services
    • Power Data Services
      • Day-Ahead Market Data
      • Aggregated Bidding Curves
      • Intraday Market Data
      • Intraday Hub2Hub
      • New Data Portal
      • Electricity retailers
      • Data Portal inquiry
      • Other products
      • FAQ
      • Inquire and Order
    • Compliance
      • REMIT UMM
      • REMIT transaction reporting service
      • REMIT Best Practice Report
    • Consulting
      • Key Stakeholders
      • Consultancy services
      • Recent projects
    • Nord Pool Academy
      • Course Portfolio
      • The Physical and Financial Power Markets Course 11 and 12 June 2025
      • Flow-Based in Depth Course
      • Nord Pool Certified Compliance Course - 8 May 2025
      • Nord Pool Certified Compliance Course 18 June 2025 – LIVE!
      • Nord Pool Certified Day-Ahead Trader Course
      • Customer Reviews
  • Media
    • Newsroom
      • Press releases
      • Newsletters
      • Market Surveillance Newsletters
      • TSO news
      • Whitepapers
      • Articles
      • Subscribe to Press releases
      • Subscribe to Updates
    • Events
      • On-demand webinars
      • Euronext Nord Pool Power Futures – EUA testing Webinar
      • Danish Regional Meeting
      • SDAC 15 Minutes MTU Webinar
    • Photos
    • Annual report
    • Media contacts
  • About us
    • Our business
    • Organisation
      • CEO
      • Strategy & Products
      • Operations, Risk, Clearing & Settlement and HR
      • Public Affairs, Communication & Marketing
      • Legal, Regulatory & Market Coupling Operation
      • Product Development & Innovation
      • Nordic, Baltic & UK​
      • Western & Central Europe
      • Board of Directors
    • Careers
    • History
    • Terms and conditions for use of website
    • Control cookies
    • ESG
      • Product offerings
      • The Norwegian Transparency Act
      • Social
      • Governance
  • Market data
Newsroom
  • Press releases
  • Newsletters
  • Market Surveillance Newsletters
  • TSO news
  • Whitepapers
  • Articles
  • Subscribe to Press releases
  • Subscribe to Updates
Events
  • On-demand webinars
  • Euronext Nord Pool Power Futures – EUA testing Webinar
  • Danish Regional Meeting
  • SDAC 15 Minutes MTU Webinar
Photos
Annual report
Media contacts
Back to listings
20 December 2011 14:27

No. 72/2011 - All members to re-sign new Trading Agreements

Nord Pool Spot has updated the Trading Agreements for its members to align them with the rulebook that took effect 1 January 2011, and the new Clearing rules taking effect from 1 January 2012.

As a result all our members trading on Elspot and Elbas in 2012 will need to sign new Trading Agreements. Members will be contacted by Nord Pool Spot from January to March 2012 and fully informed about the signing procedures for the new Trading Agreements. There are no material changes in the new agreements being issued.

Main changes to the Trading Agreements
From 1 January 2012 there is only one agreement for all members to sign in order to trade on both Elbas and Elspot. Nord Pool Spot AS replaces Nord Pool Finland OY as the legally responsible counterparty for trading on Elbas. 

The portfolio agreement is being removed as a separate agreement and all portfolios registered with our members are now part of an annex to the Participant Agreement. In order to simplify the registration process and any amendments from our members, all authorized contacts for trading and settlement on Nord Pool Spot’s markets will be registered in an annex to the new Participant Agreement.

What does this mean for Nord Pool Spot members? 

  • All Participants will need to sign a new agreement.
  • All Clients will need to sign a new agreement.
  • Signing new agreements will have no impact on settlement accounts and clearing processes with Nord Pool Spot.

Please see the new Trading Agreements for our Participants and Clients.

Aligned and corrected names
Please note that as part of this process Nord Pool Spot will also align the names used of all its members and agreements. 

Name Definition Agreement
Member Means an entity that has entered into a valid and effective Participant agreement or Client Agreement for trading in Nord Pool Spot's Physical Markets. The notion includes Participants, Client representatives and Clients. None
Participant Means a person or legal entity who has signed the Participant Agreement. Clients are not comprised by the notion. Client Representatives are comprised. Participant Agreement
Client Means an entity that has entered into a valid and effective Client Agreement as well as an agreement with a Client Representative in accordance with which the Client Representative shall perform Trading for the Client’s account and represent the Client towards Nord Pool Spot. Client Agreement
Client representative Means a Participant that has the right to trade for its own account and obligated to trade on behalf of its Clients. Participant Agreement

 
About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its customers. 350 companies from 18 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2010 the group had a total turnover of 310 TWh, which includes the auction volume in the UK market N2EX.

Lysaker, 20 December 2011

For further information, please contact:
Stina Johansen, Communications Manager Nordic, +47 916 50 603   


Previous message Next message

Choose quarter

{{ group.year }}

  • ({{ period.count }})
Nord Pool logo

    Nord Pool AS

    Tel. +47 6710 9100

    P.O. Box 121

    1325 Lysaker, Norway

Market Data

  • Day-ahead
  • Intraday
  • Power system data
  • Map

Trading

  • Join our markets
  • Operational messages
  • Day-ahead trading
  • Intraday trading
  • Clearing
  • API
  • Rules & regulations
  • Market surveillance
  • Customers have their say

Services

  • Premium Data Services
  • Compliance
  • Consulting
  • Nord Pool Academy
  • German mini-site
  • French mini-site

The Power Market

  • Day-ahead market
  • Intraday market
  • CACM regulation
  • Benchmark regulation - Nordic system price
  • Market members
  • Bidding areas

Social media

Quick links

  • UMM
  • Auction
  • Intraday Web
  • CASS
  • Intraday and GB Half Hourly auctions

Media

  • Press
  • Newsroom
  • Annual report
  • Download center

About us

  • Careers
  • Advisory board
  • History
  • Organisation
  • Corporate Compliance Policy
  • Control cookies

Contact us

  • Norway
  • Sweden
  • Finland
  • Estonia
  • UK
  • Germany

© Nord Pool 2020 | Imprint, Data Policy, Legal Notice, How We Treat Personal Data