NOS starts using Baltic Exchange Forward Curve for dry FFA mark-to-market
[First published: Monday 03 September 2007 4:14:37 am]
NOS Clearing ASA will start using Closing Prices from the Baltic Exchange as Closing Price Provider for all dry cargo future contracts from 1 Sept 2007.
The daily Mark-to-Market settlements will be calculated using the forward prices from the Baltic Exchange.
As a consequence of this, NOS has made amendments to the Product Specifications in Appendix 5 to the Rulebook.
The amendments will come into effect under Clause 9.5 of the Rulebook.
You can see the amendments by clicking here.
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