NOS Clearing is set to clear transactions executed on Baltex

NOS Clearing is set to clear transactions executed on Baltex
Following the announcement of Baltic Exchange Derivatives Trading Limited (Baltex) to go live on 8 June 2011, NOS Clearing is pleased to announce that we are set to clear for Baltex.
Baltex will be listed as a Multilateral Trading Facility in our Rulebook for Clearing appendix 1.

Extended Clearing Hours
To reflect the Baltex opening hours, NOS will extend the Clearing Hours for Freight, Fuel Oil and Iron Ore products with 30 minutes. From 8th June 2011 the NOS Clearing Hours will be 06.00 CET to 19.00 CET.

The changes above are reflected in the NOS Rulebook Notice 2011-07.

Any questions can be directed to NOS Clearing ASA:

Hanne Bævre Johansson
Vice President - Head of Freight and Clearing & Settlement
Phone +47 23 25 93 20
E-mail: hb@nosclearing.com or operations@nosclearing.com

Mari Borgen
Clearing Operation Manager
Phone +47 23 25 93 57
E-mail: mb@nosclearing.com or operations@nosclearing.com