NASDAQ OMX Commodities Launches New German Futures And Options, Extends Nordic And Carbon Product Offerings

 09/01/2013

NASDAQ OMX Commodities is pleased to announce the launch of new instruments in Genium INET. Genium INET will be upgraded to version 0222 during the weekend 23-24 March, 2013. Thereafter, subject to successful testing and regulatory approval, the enhancements listed below will be activated for members according to a detailed time plan which will be published in due course.

German Power Futures
Subject to successful testing, the present German product offering will be extended to include German Futures contracts. In addition to the existing daily and weekly futures contracts, 6 monthly, 8-11 quarterly and 5 yearly futures contracts will be listed. The product calendar will be updated to reflect the launch of these products in due course.

Launch of European Style Options for German Power Forwards and Futures Contracts
Subject to successful testing, NASDAQ OMX Commodities will launch a suite of European Style Options on monthly, quarterly and yearly German Forwards and Futures contracts. The product calendar will be updated to reflect the launch of these products in due course.

Extension of the German Power Forward Curve
Subject to successful testing, NASDAQ OMX Commodities will extend the German Forward Curve. The extended forward curve will cover 6 monthly, 8-11 quarterly and 5 yearly contracts. The product calendar will be updated to reflect the launch of these products in due course.

Extension of the Nordic Power Forward Curve
Subject to successful testing, NASDAQ OMX Commodities will extend the Nordic Forward Curve. The forward curve will now cover up to 10 yearly contracts. The new contracts will have exactly the same technical setup in regards to delivery and settlement procedures as the existing contracts and the same regulatory framework will apply. The product calendar will be updated to reflect the launch of these products in due course.

Introduction of Swedish and Norwegian Electricity Certificates
Subject to successful testing, Swedish and Norwegian Electricity Certificates will be listed for trading and clearing. The instruments will be Euro denominated covering daily spot contracts and 5 yearly forward contracts with March expiry. The product calendar will be updated to reflect the launch of these products in due course.

Introduction of European Union Aviation Allowances (EUAA) Futures
Subject to successful testing, physically delivered EUAA Futures Contracts will be listed. Contracts will be listed on a quarterly expiry (March, June, September and December) for the two nearest years and December contract up to 2020. The new contracts will have exactly the same technical setup in regards to delivery and settlement procedures as the existing EUA/CER future contracts. The product calendar will be updated to reflect the launch of these products in due course.

External test activities
NASDAQ OMX Commodities encourages members and Independent Software Vendors (ISVs) to access Genium INET External Test System 2 to test the new features. The test environment will be available from January 24th onwards.

Member extranet
The member extranet http://nordic.nasdaqomxtrader.com/memberextranet/genium_inet/ is updated at all times with the latest Genium INET related documentation.

The market model document will be updated with the above mentioned changes.