Clearing cycle
All references to time are to Central European Time (CET).
T = Trading Day
T+1 = First settlement day following the trading day
| 08:45 T | Start of Clearing Hours |
| 18:00 T | End of Clearing Hours |
| 21:00 T | A net settlement amount arising from the Mark-to-Market Settlement, Delivery Period Settlement, Premium Settlement, Option Exercise Settlement and Fee Settlement is calculated |
| 21:00 T | End of day Margin Requirement is calculated |
| 07:00 T+1 | NOS instruct the Settlement Bank to credit or debit the Collateral and Settlement Account for the net settlement amount calculated the previous Trading Day (T) |
| 07:00 T+1 | Clearing Reports are made available to the Clearing Members and the Settlement Banks on the NOS Web Office |
| 14:00 T+1 | Final time for posting of Collateral to cover the end of day Margin Requirement and Cash requirement |
| 18:00 T+1 | Final time for making written complaints to NOS regarding Cleared Contracts |
NOS may in its sole discretion clear trades outside Clearing Hours.
Our Clearing Calendar is here.
© NOS Clearing ASA, Visiting address: H. Heyerdahls gate 1, 0103 Oslo, P.O. Box 246 Sentrum, Norway - Tel: (+47) 23 25 93 00 - Fax (+47) 22 36 01 20 Terms of use
A Company in the Imarex Group