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
  • Market data
    • Nord Pool day-ahead
      • Prices
      • Volumes
      • Capacities
      • Flow
    • Nord Pool intraday
      • Market data
      • Volumes
      • Initial capacity
      • Transmission capacity
      • SEM-GB intraday auction UK
    • Nord Pool UK
      • Prices
      • Block prices
      • Volumes
      • Capacities
      • Flow
      • Exchange rates
      • Half hourly prices
      • Half hourly block prices
      • Half hourly volumes
    • Regulating power
      • Regulating power per area
      • Regulating prices
      • Regulating volumes
      • Volume of regulating bids
      • Special regulation volume
      • Automatic activated reserve
    • Power system data
      • Production
      • Consumption
      • Exchange
      • Hydro Reservoir
    • Maps
      • Day-ahead overview
    • Data downloads
      • Aggregated Market Data
      • System Price Curve Data
      • Recalculated Nordic System Price
      • Nord Pool Report on the Nordic System Price
  • Trading
    • Join our markets
      • Becoming a customer
      • Membership list
      • Market Managers
    • 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
      • Margin model
    • API
      • ISV partners
    • Rules and regulations
    • Market surveillance
      • Market Surveillance Quarterly Newsletter
      • Expert reports
    • Customers have their say
    • Events
      • Nord Pool Event Dusseldorf
      • Introduction to Nord Pool and Data Services
  • Services
    • Power Data Services
      • Day-Ahead Market Data
      • Aggregated Bidding Curves
      • Intraday Market Data
      • Intraday Hub2Hub
      • Data Portal
      • Electricity retailers
      • Other products
      • FAQ
      • Inquire and Order
    • Compliance
      • REMIT UMM
      • REMIT transaction reporting service
      • REMIT Best Practice Report
    • Consulting
      • Recent projects
    • Nord Pool Academy
      • Nord Pool Day-ahead course
      • Nord Pool Intraday course
      • Nord Pool Certified Compliance Course online
      • The Physical & Financial Power Markets and Post Pandemic Power Participation Conference
  • Media
    • Media contacts
    • Newsroom
      • News
      • Newsletter
      • Market Surveillance Newsletter
      • TSO news
      • Subscribe
      • Feature
    • Photos
    • Annual report
  • About us
Log in
Log in
Join our markets
  • Becoming a customer
  • Membership list
  • Market Managers
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
  • Margin model
API
  • ISV partners
Rules and regulations
Market surveillance
  • Market Surveillance Quarterly Newsletter
  • Expert reports
Customers have their say
Events
  • Nord Pool Event Dusseldorf
  • Introduction to Nord Pool and Data Services

Margin model

Margin model Current risk parameters Current risk calculator Settlement schedule Settlement banks

At Nord Pool we continually review our operational procedures and pricing to ensure our operations remain robust and secure for all customers, while maintaining good value for money and the high levels of service that our customers expect.

The aim of the Nord Pool Margin Model is to produce a collateral requirement that easily and realistically reflects the risk in a member’s trading behaviour. The model estimates a requirement that needs to be met by the member at all times, in line with Nord Pool’s Clearing Rules.

There are two margin components calculated daily, taking into account the clearing member’s trading behaviour. The first component is defined as the sum of a clearing member’s net MWh position (Daily Net Position), multiplied by the risk parameter, times the day factor set by Nord Pool. The Daily Net Position has a lookback period, currently set at 30 days. The second component is the sum of a clearing member’s net financial position (Daily Settlement Position), times a multiplier set by Nord Pool.

The Daily Settlement Position has a lookback period, currently set at seven days. Note that all parameters and the lookback periods for both the Daily Net Position and the Daily Settlement Position may change, as they are set based on prevailing market conditions.

If you have any questions, please contact support@nordpoolgroup.com.

Nord Pool logo

    Nord Pool AS

    Tel. +47 6710 9100

    P.O. Box 121

    1325 Lysaker, Norway

Market Data

  • Day-ahead
  • Intraday
  • Regulating power
  • Power system data
  • Maps

Trading

  • Join our markets
  • Operational messages
  • Day-ahead trading
  • Intraday trading
  • Clearing
  • API
  • Rules & regulations
  • Market surveillance
  • Customer information on Brexit
  • 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
  • Meet our people
  • 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