Clearing cycle
T = Trading Day
T+1= First business day following the trading day
All references to time are to Central European Time (CET).
| 08:00 T | Start of Clearing Hours |
| 19:00 T | End of Clearing Hours |
|
20:00 T |
End of day Margin Requirement and minimum Cash requirement to be posted on T+1 are calculated (Margin deficit or Cash deficit are referred to as Margin Call and Cash Call respectively.) |
| 20:00 - 21:00 T | Clearing Reports are made available to the Clearing Members on the NOS Web Office. The Clearing Reports are made available at latest 08:00 T+1 |
| 11:00 T+1 | Final time for posting of Collateral to cover the end of day Margin Requirement and Cash requirement |
| 19:00 T | Final time for making written complaints to NOS regarding Cleared Contracts done the previous Trading day (T). |
Settlements
| T-1 | Final time for posting of Collateral to cover settlement amounts is within the cut-off time for the currency in question, the last Banking Day prior to Settlement Day. |
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