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EUR 5m to default fund

14 Sep, 2018

Statkraft replenish EUR 5 million to Nasdaq default fund.

On 12 September 2018, Nasdaq Commodities announced the close-out of the positions of a clearing member and announced that funds from the commodity member default fund had been utilised to cover the loss. As a clearing member of Nasdaq, Statkraft contributes to the default fund as prescribed by regulations and the the rules of the Clearing House.

On 13 September, Nasdaq requested the members of the default fund to replenish their contribution in the fund. The requested replenishment for Statkraft is EUR 5 million.