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    Commodities Margin Curves

    Margin Parameters as a Function of Time to Delivery

    The curves below are reviewed and updated, if necessary, on a monthly basis.

    Electricity & EPADS Margin Curves

    Nordic Electricity

    Nordic EPADS

    German Electricity

    Belgian Electricity

    Dutch Electricity

    French Electricity

    Italian Electricity

    Spanish Electricity

    UK Electricity

    Electricity Certificates Margin Curve

    ELCS.png

    Swedish-Norwegian Electricity Certificate SEK Curve

    In addition to the margin curve, contracts on this underlying also have a minimum margin requirement. Note that the risk interval in instrument currency is calculated using a price shift of SEK 3.

    Allowances Margin Curve

    EUA.png

    European Union Allowance Curve

    In addition to the margin curve, contracts on this underlying also have a minimum margin requirement.

    Natural Gas Margin Curves

    Seafood Margin Curve

    FPSA.png

    Food Processing Suppliers Association

    In addition to the margin curve, contracts on this underlying also have a minimum margin requirement.

    Support

    The SPAN® risk model is used for the initial margin calculation.

    SPAN is a registered trademark of Chicago Mercantile Exchange Inc., used herein under license. Chicago Mercantile Exchange Inc. assumes no liability in connection with the use of SPAN by any person or entity.

    Risk Management Commodities
    (09.00-15.30 CET)
    clearing.risk@nasdaq.com
    +46 8 405 7088

    The SPAN® risk model is used for the initial margin calculation.

    SPAN is a registered trademark of Chicago Mercantile Exchange Inc., used herein under license. Chicago Mercantile Exchange Inc. assumes no liability in connection with the use of SPAN by any person or entity.

    Risk Management Commodities
    (09.00-15.30 CET)
    clearing.risk@nasdaq.com
    +46 8 405 7088

    Related Clearing Information

    Commodities Margin Management

    Risk & Default Management for Commodities

    Margin Requirement, Base Collateral and other key rules that any member of Nasdaq Commodities must meet.

    Margin Requirement, Base Collateral and other key rules that any member of Nasdaq Commodities must meet.

    Cleared Market Products

    Nasdaq Clearing - Cleared Markets

    Central counterparty clearing for several markets including Equity Derivatives, Index, Fixed Income and Commodities.

    Central counterparty clearing for several markets including Equity Derivatives, Index, Fixed Income and Commodities.

    Member Area

    Commodities Clearing - Member Area

    Options Exercise & Portfolio transfer.

    Options Exercise & Portfolio transfer.