De-listing of TD11 future contracts

Further to the announcement from the Baltic Exchange regarding the suspension of TD11 (Banias – Lavera) from 5^th September 2011, NOS is de-listing the TD11 future contracts with immediate effect.  

Since there is open interest in TD11 contracts, NOS will allow close out trades. The open contracts will be settled against a spot price calculation agreed by the involved counterparties.

For more information, please contact:
 

Hanne B. Johansson
Phone: +47 23 25 93 20
E-mail: hb@nosclearing.com or operations@nosclearing.com