no 84/08 Postponement of new opening hours and new option contracts


Lysaker, 12 November 2008

With reference to exchange information /en/asa/Quotes-and-market-information/Exchange-information/2008/no-7108-Extended-opening-hours-for-Nord-Pools-emissions-market-and-German-and-Dutch-power-markets---/ no 71/08  and /en/asa/Quotes-and-market-information/Exchange-information/2008/no-7508-Nord-Pool-launches-new-option-contracts-and-new-ticker-codes-on-Monday-17-November-2008---/ no 75/08 , the start-up date for the extension of Nord Pool's opening hours for trading and clearing of German and Dutch power contracts and emissions contracts will be postponed due to technical system instability. The launch date for the annual options contract with quarterly expiry will also be delayed for the same reason.

There is a need for further testing and quality assurance of the technical system and we have therefore decided to hold these start-up dates.  

The exchange and the clearing house will until further notice operate with the current market opening hours and the current OTC clearing schedule. A new date for extended opening hours will be announced to the market with a minimum 14 days notice. 
For further information, please contact Nord Pool: 

Marianne W. Jenssen, senior vice president, financial market, 
Nord Pool ASA, phone +47 9013 6853

Jan Vidar Thoresen, managing director, Nord Pool Clearing ASA, 
phone + 47 9201 8416

Press contact:
Lars Galtung, vice president, corporate communications, 
phone + 47 9821 4812