Nord Pool gives notice that the risk parameters used in our margin model for the calculation of collateral calls will be adjusted. The changes will be effective for collateral calls due Monday 24 September at 11:00 CET.
The adjustment is implemented in accordance with section 15.4 of the clearing rules and the new requirements will be visible in the clearing and settlement system (CASS) on the afternoon of Friday 21 September.
The adjusted parameters per delivery country are published online.
About Nord Pool
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Croatia and Bulgaria. In 2017 Nord Pool had a total turnover of 512 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn, London and Berlin.
Nord Pool has 25 years of power market experience built on offering flexibility, transparency, innovation, greater choice and participation to our customers.
Lysaker, 19 September 2018
For further information, please contact:
Nord Pool Clearing Operations, +47 6710 9125, email@example.com