A {font-weight : bold;text-decoration : none;}
A.Nav:active {color: #003366;}
A.Nav:hover {color: #003366;}
A.Nav:link {color: #336699;}
A.Nav:visited {color: #336699;}
A.Forms:active {color: #333333;}
A.Forms:hover {color: #333333;}
A.Forms:link {color: #999999;}
A.Forms:visited {color: #999999;}
A.Dyn:active{color: #CC3300;}
A.Dyn:hover {color: #CC3300;}
A.Dyn:link {color: #FF6600;}
A.Dyn:visited {color: #FF6600;}
A.Dictionary:active{color: #003366;}
A.Dictionary:hover {color: #003366;}
A.Dictionary:link {color: #336699;}
A.Dictionary:visited {color: #336699;}
A.copyrightlink:active{color: #FFFFFF;font-weight : none;}
A.copyrightlink:hover {color: #FFFFFF;font-weight : none;text-decoration : underline;}
A.copyrightlink:link {color: #FFFFFF;font-weight : normal;}
A.copyrightlink:visited {color: #FFFFFF;font-weight : normal;}
A.BreadCrum:link {color: #336699;font-weight : normal;}
A.BreadCrum:active{color: #336699;font-weight : none;}
A.BreadCrum:hover {color: #336699;font-weight : none;text-decoration : underline;}
A.BreadCrum:visited {color: #336699;font-weight : normal;}
BODY {font-family : Verdana, Arial, Helvetica, sans-serif;background-color : #CCCCCC;color : #333333;font-size : 10px;}
TD {font-family : Verdana, Arial, Helvetica, sans-serif;background-color : #FFFFFF;color : #333333;font-size : 10px;}
SPAN.headline{font-family : Verdana, Arial, Helvetica, sans-serif;background-color : #FFFFFF;color : #333333;font-size : 12px;font-weight : bold;display : inline;}
SPAN.sectionHead{font-family : Verdana, Arial, Helvetica, sans-serif;background-color : #FFFFFF;color : #333333;font-size : 10px;font-weight : bold;}
SPAN.blueText{color: #666699;}
SPAN.subText{color: #666666;}
SPAN.formElements{font-size : 12px;}
SPAN.copyrighttext{font-family : Verdana, Arial, Helvetica, sans-serif;font-size : 10px;color : #FFFFFF;}
TD.copyright{background-color : #CCCCCC;}
TD.dotBGVert{background-image : url(images/dot_vertical.gif);background-repeat : repeat-y;}
TD.dotBGHorzDark{background-image : url(images/dot_horiz_dark.gif);background-repeat : repeat-x;background-position : center;}
TABLE{background-color: #FFFFFF;}
SPAN.Dyn{color: #FF6600;font-weight : bold;}
NOS
search:
All sections
The IMAREX Group
NOS Clearing
Technology
Investor Relations
Careers
Partner Links
Welcome to NOSThe specialist Futures and Options Clearinghouse for the international commodities markets.
The quarterly report for second quarter 2008 for NOS Clearing ASA is now availableOslo, September 1st 2008. NOS is pleased to announce that the quarterly report for second quarter 2008 for NOS Clearing ASA is now available. For more information, see the Financial reports section.
Monthly margin review freight - August 2008
Oslo, 15th August 2008. NOS has carried out a review of margin parameters for the freight derivatives. As a result of the review, NOS is reducing the margins for the majority of the drybulk contract and two of the tanker dirty routes . Please see NOS Margin Notice 2008 - 8 for more details.
Imarex and NOS are pleased to announce the launch of a new BDI Options contract to complement the BDI Futures contract launched last month.
Oslo, July 17th 2008:
· BDI options will be available for trading and clearing for all NOS members and clients of General Clearing Members (GCMs) set up with NOS Clearing.
· BDI options will be structured as monthly Call and Put options for the term of rolling 48 months.
· BDI options will be Asian style with automatic exercise by NOS. All freight options will be settled against the arithmetic average of the Baltic Dry Index over the number of Index Days in the month.
· The minimum contract size for BDI options will be 1 lot per month.
· The clearing fee for BDI options will be US$15 per lot incl. execution/clearing.
· All strikes may be cleared with a minimum 100 point price fluctuation.
· All option contracts will be registered on the member's and GCM's ordinary clearing account with NOS.
· Option premiums will be settled in cash between the member and NOS on the trading day. At expiration, all in-the-money options will be automatically settled against the average spot index or delivery period.
· The settlement amount - the positive difference between the average index value and the option strike, will be booked the last business day of the month.
For more detailed information regarding how to trade BDI Options and margin curves used in the margining calculation, please contact NOS or Imarex
NOS launches automated Salmon Report distributionOslo, June 20th 2008. Since May this year, NOS Clearing holds the responsibility of collecting, producing and distributing a weekly Salmon Report. The reporting service is a continuation of the former price reporting service provided by FHL and NSL. The report contains the spot prices for Fresh, Gutted Superior Atlantic Salmon. The prices are reported by the Norwegian exporters, and form an objective assessment of the actual price of salmon in the free spot market. The NOS Salmon Report is distributed through our Seafood price pages.As of today, we offer a new mail service where you can subscribe to the report, and receive a weekly mail with the active link as soon as the report is produced and available on the web page. You can subscribe at our Seafood subscription page.NOS and Imarex are launching trading and clearing of the BDI future contract 13th June 2008
Oslo, June 12th 2008. NOS and IMAREX are pleased to announce the launch of an electronically traded and cleared futures contract on the Baltic Dry Index (BDI), a composite of global shipping costs for bulk commodities such as grains, ore and coal and a widely accepted measure of the state of global trade.
The IMAREX BDI Index Futures contract (BDIFuts) is aimed squarely at the cash equity and equity derivatives trading community as well as portfolio managers looking to manage their exposure to movements in the dry bulk shipping markets. More info to be found here
NOS signs long term broker agreements
Oslo, May 30th 2008. NOS has signed up broker agreements with ICAP Energy AS and Spectron Group for clearing of power derivatives in the Nordic and Continental markets. All reported deals will be cleared in NOS Clearing ASA, and the agreements run until 2015.
“We are in dialog also with the other Nordic and Continental Brokers and expect them to sign up as well. Our conditions will be equal for all brokers”, says Olav Edland, Vice President in NOS Clearing ASA. “The brokers will be very important channels for us by offering NOS cleared products on their own electronic screens. We offer a flexible and highly competitive clearing solution for anyone trading power in these markets, and the broker agreements will facilitate market access for all parties”, he adds.
The quarterly report for fourth quarter 2007, the best quarter ever, for NOS Clearing ASA is now availableOslo, February 29th 2008. NOS is pleased to announce that the quarterly report for fourth quarter 2007 for NOS Clearing ASA is now available. For more information, see the Financial reports section.
IMAREX ASA aquires the SPECTRON Group
Oslo, 14th February 2008. IMAREX ASA, the holding company in the IMAREX Group and the owner of NOS Clearing ASA, today announced the agreement to aquire all shares in the SPECTRON Group. For further information, please see the press release. The shares of IMAREX ASA are listed on Oslo Stock Exchange (symbol: IMAREX).
NOS increases the Inter Commodity Spread Credit - February 2008
Oslo, 7th February 2008. NOS has carried out a review of Inter Commodity Spread Credit parameters for the dry bulk derivatives. As a result of the review, NOS will give more Inter Commodity Spread Credits for three of the dry bulk time charter routes. Please see NOS News 2008 - 3 for more details.
NOS and IMAREX launch new tanker FFA route 1st February
In response to customer demand, NOS Clearing will start clearing the TD11 Aframax tanker contract from 1 February 2008. The contract will be available for trading at IMAREX on the same day.
TD11 is a Baltic assessed cross Mediterranean Aframax trading route from Banias to Lavera for 80 000 metric tons of dirty cargo.
Bravo Futures, a partly owned subsidiary of Bravo Tankers and IMAREX, will lead the brokerage of the contract, primarily aimed at Aframax owners and operators in the Mediterranean as well as the South European refining industry.
Wish to trade power? Already a member of NOS Clearing?Learn more here.
IMAREX launches NOS Direct - the Nordic-German power trading platform
Oslo, January 14th 2007. IMAREX today launched its latest venture in European Commodity markets called NOS Direct - a screen-based trading platform for Nordic and German power derivatives.
The release follows the establishment of a clearing solution in December 2007. NOS Direct offers brokers and principals a unique new opportunity to trade Nordic and German power derivatives directly on a common trading platform.
Learn more here.
NOS publishes power margin curves
Oslo, December 13th 2007. NOS Publishes its power margin curves for the first time as part of the new solution for the European power market. The opening of clearing and margin requirements will be in effect from Friday 14th December 2007.
NOS Direct will open for electronic trading of NOS only cleared power futures on January 14th 2008. During February 2008 NOS Direct will expand to include options.
NOS is pleased to be back in the power market and is looking forward to working with all principals to get the best possible clearing solution in the market.
The margin curves for power can be found here.
Any questions can be directed to NOS Clearing ASA:
Axel Rode Morten Larsen
Risk Management Vice President, Risk Management
+47 23 25 93 12 +47 23 25 93 09
NOS starts clearing of Nordic and German power from 14.12.2007 Oslo, November 21st 2007. NOS will open for clearing of Nordic and German power futures from December 14th 2007. This is the first step in the planned launch of a new solution for the European Financial Power market where the Nordic and German power markets are combined for the first time. During February 2008, the new solution will expand to include options. NOS Direct, the newly established market platform for electronic trading of NOS only cleared European futures and options, will open on January 14th 2008. Aquisition of shares in IMAREX ASA by NYMEX Holdings, INCOslo, November 12th 2007. On the 9th of November 2007, NYMEX Holdings, Inc.(NYMEX), the parent company of the New York Mercantile Exchange, has entered into an agreement to acquire 1,714,544 shares (15,1%) in IMAREX ASA. IMAREX ASA is the parent company of NOS Clearing ASA. For further infomation, see www.imarex.com. New clearing member on the Freight and Bunker derivatives marketOslo, November 8th 2007. NOS is pleased to welcome ABG Sundal Collier Norge AS as a General Clearing Member and DSD Chartering AS and Okeanos Shipping Fund as Clearing Members with NOS for freight and bunker derivatives trading (list of clearing members). NOS extends freight clearing in Asia - opens office in Singapore Oslo, September 3rd 2007. Across Asia, the market for freight derivatives is growing at a record pace. To support the massive growth, NOS has invested in market infrastructure such as Asian timezone clearing. The opening hours for straight through clearing have been extended to 06:00 CET (13:00 Singapore time) and NOS will be able to provide customer service to principals in Singapore, Korea, Hong Kong, China, Taiwan and Australia in their new timezone. For more information see the Commodity Portal. The quarterly report for second quarter 2007 for NOS Clearing ASA is now availableOslo, August 31st 2007. NOS is pleased to announce that the quarterly report for second quarter 2007 for NOS Clearing ASA is now available. For more information, see the Financial reports section. New clearing member on the Freight and Bunker derivatives marketOslo, August 24th 2007. NOS is pleased to welcome Kaupthing ASA as a General Clearing Member and Kristian Jebsen Rederi AS as Clearing Member with NOS for freight and bunker derivatives trading (list of clearing members). New clearing member on the Freight and Bunker derivatives marketOslo, August 14th 2007. NOS is pleased to welcome Shell International Eastern Trading Company as a Clearing Member with NOS for freight and bunker derivatives trading (list of clearing members). Changed Inter Commodity Spread Credit offsets for Dry Bulk Time Charter Contracts.Oslo, July 26th. NOS has carried out the monthly review of margin parameters for the freight derivatives. As a result of the review, NOS will increase the Inter Commodity Spread Credits for dry bulk contracts available for clearing at NOS. Initial margin levels remain unchanged. For more info, see the Commodity Portal. New clearing member on the Freight and Bunker derivatives marketOslo, July 12th 2007. NOS is pleased to welcome Nordic Front AS as a Clearing Member with NOS for freight and bunker derivatives trading (list of clearing members). New clearing member on the Freight and Bunker derivatives marketOslo, July 6th 2007. NOS is pleased to welcome J.P. Morgan Securities Ltd as a General Clearing Member with NOS for freight and bunker derivatives trading (list of clearing members). New clearing member on the Freight and Bunker derivatives marketOslo, May 25th 2007. NOS is pleased to welcome Sector Atlantis Ltd as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). NOS to launch the start of a new clearing convention for freight derivatives on 22nd May.Oslo, May 22nd 2007. NOS, the largest clearing house for freight derivatives in both the dry bulk and tanker markets, will launch the start of a new clearing convention for dry freight derivatives in a bid to improve conditions for active trading principals, and to boost liquidity in the fledgling FFA industry. The new convention is made of a series of new initiatives by NOS and improvements to be rolled out during summer 2007. The first major improvement is a change in the way the fees for Dry FFAs are charged for clearing of OTC contracts, making clearing substantially cheaper. For more info, see the Commodity Portal. NOS to expand tanker freight clearing on 9th May.Oslo, May 4th 2007. NOS, the largest clearing house for freight derivatives in both the dry bulk and tanker markets, will expand its services to include clearing of the new TD17 aframax contract from Wednesday 9th May. NOS opens up for clearing of both futures and options in TD17. For more info, see the Commodity Portal. New clearing member on the Freight and Bunker derivatives marketOslo, April 30th 2007. NOS is pleased to welcome Navig8 Derivatives Pte Ltd. as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). IMAREX NOS launches new solution for the European Financial Power marketOslo, April 24th 2007. The new clearing solution offered by NOS Clearing combines for the first time the Nordic and Continental power markets. Clearing will be closely integrated with electronic trading solutions to create an efficient user platform for the market. Close cooperation with the European power broker community, wider distribution and active product development will support the the offering which goes live in Q4 this year. For further information, see the news section. Norwegian clearing house is first to launch salmon futures clearingOslo, April 19th 2007. NOS Clearing and Fish Pool ASA today announce the launch of cleared futures contracts for fresh salmon. This marks a world first for exchange traded seafood futures in the fast growing seafood derivatives market. The service will be open for business from Tuesday April 24th 2007. For more information, see the Seafood page or the news section. NOS adjusts tanker and dry bulk margin curvesOslo, April 16th 2007. As of Wednesday 18th April, NOS (the Norwegian Futures and Options Clearing-house) is adjusting daily margin requirements for some of the tanker and dry bulk derivatives contracts which are available for clearing at NOS. For more information, see the Commodity Portal. New clearing member on the Freight and Bunker derivatives marketOslo, March 30th 2007. NOS is pleased to welcome Waterfront Shipping AS. as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). NOS Launches clearing of TC5 freight optionsOslo, March 9th 2007. NOS Clearing ASA is pleased to announce that clearing is now available for freight options on the TC5 AG to Japan clean products route. For more information, see the Commodity Portal. New General Clearing Member on the Freight and Bunker derivatives marketOslo, March 7th 2007. NOS is pleased to welcome Calyon Financial SNC as a General Clearing Member with NOS for freight and bunker derivatives trading (list of clearing members). New General Clearing Member on the Freight and Bunker derivatives marketOslo, March 1st 2007. NOS is pleased to welcome Man Financial Limited as a General Clearing Member with NOS for freight and bunker derivatives trading (list of clearing members). NOS lowers freight options clearing fee and launch clearing of TD7 optionsOslo, March 1st 2007. NOS Clearing ASA is pleased to announce that we are reducing the clearing fee for OTC conversion of both dry and tanker freight options and that clearing is now available for freight options on the TD7, Aframax route. For more information, see the Commodity Portal. IMAREX NOS ASA takes strategic shareholding in Fish Pool ASAOslo, February 27th 2007. IMAREX NOS ASA (OSE:IMAREX) have today signed an agreement to become a strategic shareholder in Fish Pool ASA, Norway`s only operational market for salmon futures. The aim is to help building a liquid international market for seafood derivatives. For more information, see the Imarex news page. NOS Launches clearing of SM6TC and C4 AVG freight optionsOslo, February 21st 2007. NOS Clearing ASA is pleased to announce that clearing is now available for freight options on the SM6TC, Supramax, T/C average, and C4 AVG, Capesize route 4, average of all index days. For more information, see the Commodity Portal. NOS Launches clearing of TC4 freight optionsOslo, February 9th 2007. NOS Clearing ASA is pleased to announce that clearing is now available for freight options on the TC4 Singapore to Japan clean products route. For more information, see the Commodity Portal. New clearing member on the Freight and Bunker derivatives marketOslo, February 5th 2007. NOS is pleased to welcome Essent Energy Trading B.V. as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). New clearing member on the Freight and Bunker derivatives marketOslo, January 25th 2007. NOS is pleased to welcome Norden Derivatives A/S as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). NOS Launches clearing of TD5 freight optionsOslo, January 9th 2007. NOS Clearing ASA is pleased to announce that clearing is now available for freight options on the TD5 cross Atlantic Suezmax route. For more information, see the Commodity Portal. New Handysize dry bulk futures contractOslo, January 2007. As of Tuesday 2nd January, NOS offers clearing of the new Handysize dry bulk futures contract (HS6TC). For more information, see the Commodity Portal. NOS adjusts fuel oil margin curvesOslo, December 22nd 2006. As of Friday 22nd December, NOS (the Norwegian Futures and Options Clearing-house) is reducing daily margin requirements for all the fuel oil derivatives contracts which are available for clearing at NOS. For more information, see the Commodity Portal. NOS offers free conversion of legacy trades until end of January 2007Oslo, December 19th 2006. NOS offers free conversion of legacy trades (open OTC FFA contracts) until the end of January 2007. Secure the December '06 settlement and the settlements in 2007 and onwards. For more information, see the Commodity Portal. New clearing members on the Freight and Bunker derivatives marketOslo, December 19th 2006. NOS is pleased to welcome Castor Petroleum Ltd. and Oceanic Energy Fund as clearing members with NOS for freight and bunker derivatives trading (list of clearing members). NOS is opening up for clearing via General Clearing MembersOslo, December 18th 2006. As of Monday 18th December, NOS (the Norwegian Futures and Options Clearing-house) is opening up for clearing via General Clearing Members (GCMs). A GCM is a financial institution which takes a position between a principal and the clearing house thereby offering clearing to non-clearing members of an exchange. The GCMs will have full trading membership with Imarex. NOS and Imarex have earlier announced that MAN Financial and Macquarie Bank have joined as General Clearers. For more information, see the Commodity Portal. NOS adjusts dry bulk margin curvesOslo, December 14th 2006. As of Thursday 14th December, NOS (the Norwegian Futures and Options Clearing-house) is reducing daily margin requirements for some of the dry bulk derivatives contracts which are available for clearing at NOS. For more information, see the Commodity Portal. NOS adjust margin parametersOslo, November 30th 2006. As of Thursday 30th November, NOS (the Norwegian Futures and Options Clearing-house) is reducing daily margin requirements for some of the tanker derivatives contracts which are available for clearing at NOS. For more information, see the Commodity Portal. New clearing members on the Freight and Bunker derivatives marketOslo, November 24th 2006. NOS is pleased to welcome Macquarie Bank Ltd as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). NOS launches clearing of CS4TC freight optionsOslo, October 20th 2006. NOS Clearing ASA, a wholly owned subsidiary of IMAREX-NOS ASA, is pleased to announce that clearing is now available for freight options on the CS4TC, Capesize, T/C average, as of Monday 23rd October 2006. For more information, see the Commodity Portal. New clearing members on the Freight and Bunker derivatives marketOslo, October 3rd 2006. NOS is pleased to welcome ConocoPhillips Company as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). NOS increases clearing capital by USD 40 millionOslo, September 25th 2006. As of September 1st 2006 NOS has purchased a USD 80 million Financial Guarantee from AA+ rated Radian Asset Insurance Inc. Of this, USD 40 million will replace the current bank guarantee from DnBNOR, and USD 40 million effectively increases the clearing capital by USD 40 million. The total clearing capital is approx. USD 155 million. By this, NOS confirms its commitment to the clearing members in the freight market. For more information, see the news section. New clearing members on the Freight and Bunker derivatives marketOslo, September 19th 2006. NOS is pleased to welcome KG Bominflot Bunkergesellschaft für Mineralöle mbH & Co and Westport Petroleum, Inc. as clearing members with NOS for freight and bunker derivatives trading (list of clearing members). NOS adjust margin parametersOslo, September 12th 2006. With effect from end of business September 14th 2006, NOS is lowering the daily margin requirements for 5 of the 7 Dry Bulk derivatives contracts which are available for clearing. NOS also reduces the margin for all freight options. For more information, see the Commodity Portal.NOS IMAREX merger closedOslo, September 1st 2006. As of today, the announced merger between NOS ASA and Imarex ASA has been closed, see Oslo Stock Exchange NewsWeb. NOS Clearing ASA has demerged the financial derivatives clearing business and sold the new company to VPS Holding ASA. VPS Clearing ASA is now the clearing house for the Norwegian financial market. NOS Technology AS has merged with NOS Clearing ASA, creating a focused unit with risk management, cleraring and technological resourses available for further development of the freight and bunkers market, as well as other related markets.The company's Board of Directors has appointed Morten Erichsen Chief Excecutive Officer in NOS Clearing ASA, effective today.NOS ASA - Second quarter result 2006Oslo, August 31st 2006. The total operating revenue for Q2 was 25.5 MNOK, which is 55 per cent above the corresponding figure last year, and 17 per cent above the first quarter of 2006. Restructuring costs of 8,5 MNOK has been booked in the second quarter, leading to a pre-tax result of 4 MNOK. The previously announced merger of ownership with Imarex and the sale of the financial derivatives clearing business to VPS Holding is expected to close on or around September 1st. For more information, see the news section. NOS lowers dry bulk margin requirementsOslo, August 4th 2006. NOS is reducing daily margin requirements for 5 of the 7 Dry Bulk derivatives contracts which are available for clearing at NOS. The new margin requirements will be in effect from Monday 7th August 2006. For more information, see the Commodity Portal.New clearing member on the Freight and Bunker derivatives marketOslo, June 30th 2006. NOS is pleased to welcome Wilhelmsen Maritime Services Holding AS as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). NOS and IMAREX go for a new level of transparency in freight Oslo July 25th 2006.· IMAREX and NOS start reporting daily trade lists with volumes - open to all · Adds to existing transparency initiatives by IMAREX and NOS · Important push for greater transparency to build liquidity in freight market · An initiative by the industry for the industry. For more information, see the news section. New clearing members on the Freight and Bunker derivatives marketOslo, July 12th 2006. NOS is pleased to welcome C Transport Cape Size Ltd and C Transport Panamax Ltd as clearing members with NOS for freight and bunker derivatives trading (list of clearing members). New clearing member on the Freight and Bunker derivatives marketOslo, June 28th 2006. NOS is pleased to welcome Highlander International Trading Asia Pte Ltd as clearing member with NOS for freight and bunker derivatives trading (list of clearing members).Extraordinary shareholders meeting June 26th 2006 Oslo June 26th 2006. Today's extraordinay shareholders meeting voted in favour of the merger between NOS ASA and Imarex ASA. The merger will create a stronger unit which will be better positioned competitively in the freight and the commodity markets. A new Board of Directors was elected. The merger is planned to take effect from September 1, 2006. For more information, see the news section.New clearing member on the Freight and Bunker derivatives marketOslo, June 8th 2006. NOS is pleased to welcome Koch Carbon (UK) Limited as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). NOS ASA - First quarter result 2006Oslo, May 23rd 2006 - The total operating revenue for Q1 was 21.8 MNOK, which is 22 per cent above the corresponding figure last year, and 11 per cent above the Q4 figure of 2005. This gave a pre-tax result of 10.0 MNOK, which is NOK 0.42 per share. For more information, see the news section. New clearing member on the Freight and Bunker derivatives marketOslo, May 9th 2006. NOS is pleased to welcome Clarkson Hedge Fund Ltd as clearing member with NOS for freight and bunker derivatives trading (list of clearing members). New clearing member on the Freight and Bunker derivatives marketOslo, April 7th 2006. NOS is pleased to welcome Mitsui Oil (Asia) Pte Ltd as clearing member with NOS for freight and bunker derivatives trading (list of clearing members).NOS and Imarex to merge ownershipOslo, April 3rd 2006. In order to meet future demand regarding efficiency and competitiveness in the trading and clearing of commodity derivatives, the boards of NOS ASA and Imarex ASA have decided to merge the ownership of the two companies into a new holding company. To focus fully on commodity derivatives, the equities derivatives clearing of NOS will be sold to VPS (The Norwegian Central Securities Depository). Agreements are scheduled to be signed by end April, and the transaction process is to be closed by September 1, 2006. For further information, see the news section. Record results in 2005 for NOS Oslo, March 16th 2006. With an increase of 21 percent, the market for financial derivatives developed well in 2005. The number of members in the freight derivatives market increased by 34 percent and the number of cleared transactions increased by 20 percent from 2004. To the benefit of the clearing members, the clearing capital was substantially increased in 2005. New products and services are expected to give further growth for NOS. For more information, see the news section.
Home
MARKETS
- Freight and Oil Products
- Power
- Seafood
QUICK LINKS
- Clearing Rulebook
- NOS Direct
 Clearing Reports for Freight, Power and Seafood
COA Freight
COA Power
COA Seafood
 News Archive
Copyright 2001 NOS Clearing ASA
var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www.");
document.write(unescape("%3Cscript src="http://www.nos.no//" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));
var pageTracker = _gat._getTracker("UA-4334117-3");
pageTracker._initData();
pageTracker._trackPageview();
|
|
