NOS lowers margins for Fuel Oil swaps
[First published: Tuesday 26 December 2006 12:30:47 am]
On Friday 22nd December, NOS (the Norwegian Futures and Options Clearing-house) reduced daily margin requirements for all the fuel oil derivatives contracts which are available for clearing at NOS.
The following oil futures products are affected by the margin adjustments:
- RDM35FO
- NWE10FO
- SPO180FO
- SPO380FO
- FUJ380BU
- USG30FO
The changes came into effect from end of business Friday 22nd December 2006 for margins to be posted by 15.00 CET Wednesday 27th December.
Any questions can be directed to NOS Clearing ASA:
-
Hanne B. Johansson
VP Commodities
+47 23 25 93 20
-
Morten Larsen
Risk Manager
+47 23 25 93 09
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