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First cleared TD18 contract

Oslo, 03 Sep 10

NOS is pleased to announce that the first TD18 contract has been cleared today.

TD18 is a 30,000 mt fuel oil Baltic to UK-Cont. Tallinn to Amsterdam route. The settlement of the contracts will be against the Baltic Exchange index and the forward curve will be set by Imarex.

Full Product Specification is available in Appendix 5, annex 5A to the Rulebook.

For more information, please contact:
Mari Borgen
Phone: +47 23 25 93 57
E-mail: operations@nosclearing.com
 

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A Company in the Imarex Group