no 34/14 Reminder: NOS Migration into NASDAQ OMX Clearing and Introduction of Block Trade Facility for Commodities instruments on April 7th


This Exchange and Clearing Notice contains important information for NOS Clearing Members. NOS clearing will be migrated into Genium INET platform this weekend. The migration will commence Saturday morning April 5th, and planned to be completed on Saturday evening at 17:00 CET. Another Clearing and Exchange Notice will be published after completion of the migration.

NASDAQ OMX also introduces its Block Trade Facility for Commodities instruments on April 7th. (Ref Transaction types Service Description).

Members Confidence Test April 5th between 12:00 – 14:00 CET

NASDAQ OMX advice all new and existing members clearing; Freight, Iron Ore, Fuel Oil and Seafood to test their production access during this time of period. The markets are closed during weekends but members are strongly encouraged to verify the following to certify production readiness:

•           User setup and configuration

•           Positions

•           Margin for Monday April 7th

•           View EMIR reports

 

Please note that Clearing Workstation 1 (CW1) will not allow login to Genium INET when markets are closed.

 

Should you experience technical difficulties, please contact us:

Member Services for CW2 user accounts, RSA tokens and FIX details: ms.geniuminet@nasdaqomx.com or +46 8 405 6660

 

Technical Support for technical issues:

technicalsupport@nasdaqomx.com or +46 8 405 6750

 

Subscribe to Exchange and Clearing Notices:  http://www.nasdaqomx.com/commodities/subscription

 

 

About NASDAQ OMX

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond average speeds, our technology drives more than 70 marketplaces in 50 developed and emerging countries, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $8 trillion, whose innovations shape our world. We give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

 

About NASDAQ OMX Commodities

NASDAQ OMX Commodities is the brand name for the NASDAQ OMX Group’s worldwide suite of commodity related products and services. The NASDAQ OMX Commodities offerings include power, natural gas and carbon emission markets and clearing services. NASDAQ OMX Commodities is a trademark of the NASDAQ OMX Group, Inc.

 

NASDAQ OMX Commodities Europe is the trade name of NASDAQ OMX Oslo ASA which is authorized as a commodity derivatives exchange by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with NASDAQ OMX Commodities Europe are subject to clearing with NASDAQ OMX Clearing.

 

NOS Clearing ASA is the leading clearing house for the freight market and a specialist clearing provider to the commodities markets. The company is wholly owned by the NASDAQ OMX Group Inc. The clearinghouse, which is situated in Oslo, has more than 300 members.

 

NASDAQ OMX Clearing AB is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.

 

For more information, visit www.nasdaqomx.com/commodities

 

NASDAQ OMX's Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

 

This document is being directed solely at and may only be communicated to persons: (i) who have professional experience in matters relating to investments as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FPO") or, (ii) who are high net worth companies, unincorporated associations and trustees of high value trusts within Article 49(2)(a)-(d) of the FPO, or (iii) to whom it may otherwise be lawful to distribute it (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.