Subject to testing and regulatory approval Nasdaq Commodities is planning to delist the below contracts on June 11, 2018. The planned delisting of contracts is a natural step to further reduce the number of contracts where there has been no trading interest for a long period.
Tanker Options Contracts
Standardized Tanker Delivery of Future options contracts on corresponding Contract Base of Tanker Future Contracts.
- Options on TC2USD futures
- Options on TC5USD futures
- Options on TC6USD futures
- Options on TC7USD futures
- Options on TC12USD futures
- Options on TC14USD futures
- Options on TD3USD futures
- Options on TD7USD futures
- Options on TD8USD futures
- Options on TD20USD futures
LPG Freight Options Contracts
Standardized LPG Freight Delivery of Future options contracts on corresponding Contract Base of LPG Freight Future Contracts.
- Options on LPG1 futures
Tanker Time Charter Futures and Options Contracts
Freight Contract. Standardized Tanker Time Charter Future Contract with cash settlement.
- MRA, MR Atlantic Basket, 47,000 mt, futures contract
Standardized Delivery of Future Options contracts on corresponding Contract Base of Tanker Time Charter Futures Contract.
-
Options on MRA futures
Dry Capesize Options Contracts
Standardized Delivery of Futures Options contracts on corresponding Contract Base of Dry Capesize Futures Contract.
- Options on C3 AVG futures
- Options on C4 AVG futures
- Options on C5 AVG futures
- Options on C7 AVG futures
Dry Panamax Option Contracts
Standardized Delivery of Futures Options contracts on corresponding Contract Base of Dry Panamax Futures Contract.
- Options on P1A futures
- Options on P2A futures
- Options on P3A futures
- Options on P1A_AVG futures
- Options on P2A_AVG futures
- Options on P3A_AVG futures
All the above mentioned contracts for delisting have not been traded during 2018 and have no Open Interest and are from today suspended for trading and clearing. The trading and clearing rules and the product calendar of Nasdaq Commodities will be updated to reflect these changes in due course.
These changes as well as other changes announced to take effect on 11 June are reflected in the updated trading and clearing rules here: http://www.nasdaqomx.com/commodities/Marketaccess/legalframework/
For further information, please contact Nasdaq Commodities:
Kjetil Andersen, Business Development Commodities, +47 67108506 kjetil.andersen@nasdaq.com
Media contact:
Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.
About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing AB which 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
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