Nord Pool Spot AS hereby gives notice that collateral requirements will be increased during Christmas. 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 Christmas.
The adjusted collateral requirement will be increased by two days and will be calculated based on nine days net purchase.
The collateral requirement has to be posted by 11.00 a.m. on Tuesday 15 December 2009.
The collateral requirement will be reduced to seven days net purchase on Tuesday 05 january 2010.
Lysaker, 17 November 2009
For further information, please contact Nord Pool Spot:
Morten Landrø, risk manager, phone + 47 9222 3355
Vibeke Morthaug, business controller, phone + 47 9203 7050