Nord Pool would like to make you aware that the risk price parameters used in our margin model for the calculation of collateral calls are being adjusted. The changes will be effective for collateral calls due Monday 25 February at 11:00 CET, onwards.
The adjustment is necessary as a result of the continued surge in market prices seen over the winter period.
It is being implemented in accordance with section 15.4 of the clearing rules. The new requirements will be visible in the clearing and settlement system (CASS) on the afternoon of Friday 22 February.
The adjusted parameters, by delivery country, are available 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, France, The Netherlands, Belgium, Austria and the UK. Nord Pool is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Croatia and Bulgaria. In 2018 Nord Pool had a total turnover of 524 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 February 2019
For further information, please contact:
Nord Pool Clearing Operations, firstname.lastname@example.org