The N2EX referenced and cash-settled futures market with a full range of clearing services opened for trading 31 January 2011. The UK power futures contracts are listed and traded on NASDAQ OMX Commodities Europe. Trading days will follow the UK banking calendar, and the N2EX referenced futures contracts are traded in pound sterling.

Contract types

The contract types are cash-settled pound sterling UK power futures listed for weeks, months, quarters and seasons (summer and winter).
The contracts are cleared by NASDAQ OMX Stockholm AB and NASDAQ OMX Oslo branch. Electronic trading is conducted on the proven Genium INET Trading Workstation/Clearing Workstation platform.
 

Margining of UK power derivatives

The UK power derivatives are margined by the same method as the EUR denominated commodities derivatives.
For information about the margining of UK power derivatives and other commodities derivatives, please visit:
www.nasdaqomxcommodities.com/clearing/riskmanagement/margining

• Existing members of NASDAQ OMX Commodities
• New members of NASDAQ OMX Commodities