Go to content

Search

Main menu

  • Home
  • Products and Services
  • Markets
  • News
  • The Group
  • About us
  • Contact us

You are here:

  • Home
  • News
  • El-Certificates news
  • Information about delivery of March-13 El-certificates

News

  • General news
  • El-Certificates news
  • Freight and oil products news
  • Iron Ore
  • Seafood news

Toolbar

  • Print

Information about delivery of March-13 El-certificates

Oslo, 28 Feb 13

Dear Clearing Member,

We are now approaching the time for delivery of March-2013 el-certificate contracts. The settlement date is 13th March 2013, with delivery of funds / el-certificates 18th March 2013.

Important dates and events:
13th March: NOS calculates the final delivery details, calculated after closing hours (16:00 CET).
14th March: All relevant reports are sent out to each member’s MyNOS, including the FIFO report, invoice and Daily Summary*.
15th March: Money and el-certificates should be visible on your SEK client account and NOS Cesar account**, respectively.
18th March: Money and el-certificates must be on your SEK client account in DNB*** and NOS Cesar account, respectively.

* Daily Summary Report posted on the 14th March has two sub-reports that will give you information about what you need to transfer to NOS:

  • Settlement Details: Provides an overview of the net cash settlement that has to be transferred to your SEK account in DNB if your company is a net buyer of el-certificates. A net seller of el-certificates will have an overview of the net cash settlement to be received. See Total Settlement.
     
  • Physical Delivery of el-certificates: Provides an overview of the net amount of el-certificates that has to be transferred to the NOS Cesar account if your company is net seller of el-certificates. A net buyer of el-certificates will have an overview of the net amount of el-certificates to be received. See To be delivered/received calculated.

** Please note that NOS Clearing only uses its account in Cesar during the delivery of el-certificates. All sellers of el-certificates are therefore asked to control that el-certificates are being transferred to the account ”643002406700048897 NOS CLEARING ASA” in Cesar and not to NECS.

*** All payments in SEK should be performed as an URGENT PAYMENT, so that the value date is the same day as the day of transfer.

 

Contact persons:

Maria Akkuratnova - ma@nosclearing.com, +47 23 25 93 58

Kjetil Andersen - ka@nosclearing.com, +47 23 25 93 31

© NOS Clearing ASA, Visiting address: Karenslyst AllĂ© 53, 0279, Oslo, Norway P.O. Box 443, 0213, Oslo, Norway - Tel: (+47) 67 10 85 10- Fax (+47) 67 52 81 05  Terms of use

A Company in the Nasdaq OMX Group Inc.