nasdaqomx

 
 
 
 

Fee list

The below tables are a simplified version of the full Fee List. Please always refer to the Legal Framework, Joint Appendix 7 - Fee List, for full contract specifications.

Annual Fees

Annual Exchange Fees

Annual Exchange Fees

 

Contract Type

Combined Fee      

All exchange listed contract types combined

EUR 15 000

Nordic Power, European Energy*, UK Energy** 

and El-Cert combined

EUR 13 500

Contract Type

Individual Fee

European Energy* , UK Energy**,

El-Cert, Allowance Contracts,

Freight and Fuel Oil Contracts

and Ferrous Contracts individually

EUR 1 500

 

* European Energy includes EUR Contracts for German, Dutch, French, Italian and Spanish Power and Natural Gas, Belgian Power  and Renewables. Excluding Nordic Power Contracts.

** UK Energy includes GBP Contracts for UK Power Contracts and UK and Belgian Gas 

 

Annual Clearing Fees

Annual Clearing Fees

 

Contract Type

CM/CC

 GCM

Nordic Power, European Energy*,

UK Energy**, El-Cert and Seafood Contracts combined

EUR 12 500

EUR 25 000

Allowance Contracts individually

EUR 1 500

EUR 3 000

Seafood Contracts individually

NOK 50 000

EUR 25 000

European Energy*, UK Energy**

Electricity Certificates,

Freight and Fuel Oil Contracts,

Ferrous Contracts individually

Free of charge

Free of charge

 

* European Energy includes EUR Contracts for German, Dutch, French, Italian and Spanish Power and Natural Gas, Belgian Power  and Renewables. Excluding Nordic Power Contracts.

** UK Energy includes GBP Contracts for UK Power Contracts and UK and Belgian Gas 

CM = Clearing Member CC= Clearing Client

GCM = General Clearing Member

Variable Fees

Nordic Power - EUR

 Trading Fee, Nordic Power - EUR

 

Nordic Power Contracts

Futures and DS Futures                                 

0.0045 EUR/MWh

Options

0.0045 EUR/MWh

Max fee per transaction = 10 % of Option Premium

 

Variable exchange trading fee: No variable Exchange Trading fee applies to the Contract Base when exercised in accordance with the Clearing Rules. Variable Clearing fees (discounted) will apply to Clearing of the Contract Base upon Option Exercise.

Delta hedge discount: An Exchange Transaction entailing a delta hedge in an Option Contract, i.e. an Option Contract and its Contract Base in the same Exchange Transaction, has no Trading fee for the Contract Base provided that (i) the Option and delta trades are conducted simultaneously and (ii) MTS is notified before or within ten (10) minutes from Contract Time. The discount is only available when establishing an initial position.

Option strategy discount: Exchange Transactions consisting of two or more Option Contracts with the same Contract Base traded simultaneously receives a fee discount of 50 % of the trading fees that would normally apply to that Exchange Transaction. If the relevant Exchange Transaction also includes a delta trade, the delta hedging discount applies additionally.

 

Clearing Fee, Nordic Power - EUR

 

Cleared Volume in most recent Quarter            

Futures and DS Futures

0-3 TWh

0.0094 EUR/MWh

3-8 TWh

0.0083 EUR/MWh

8-15 TWh

0.0072 EUR/MWh

15-25 TWh

0.0056 EUR/MWh

25-50 TWh

0.0045 EUR/MWh

>50 TWh

0.0039 EUR/MWh

 

Nordic Options Premium Clearing Fee

Option Contracts                 

0,5 %

Max fee = 0.0045 EUR/MWh

 

European Energy - EUR

ETS/MTS Trading Fee, European Energy - EUR

 

European Power Contracts

Futures, DS Futures and
Monthly DS Futures   

0.0045 EUR/MWh

Options*                                                                                                                     

0.0045 EUR/MWh

Max fee per transaction = 10 % of Option Premium

 

European Gas Contracts

Monthly DS Futures                

0.0045 EUR/MWh

 

ETS/MTS Clearing Fee, European Energy -EUR

 

European Power Contracts                            

                                     

Futures, DS Futures  and
Monthly DS Futures                                       

0.0045 EUR/MWh

Options*          

0,5 %

Max fee = 0.0045 EUR/MWh

 

European Gas Contracts                   

                                     

Monthly DS Futures                           

0.0025 EUR/MWh

 

 

Block Trades, Combined Trading and Clearing Fee, European Energy- EUR

 

European Power Contracts

Futures, DS Futures and
Monthly DS Futures

0.0045 EUR/MWh

Options*                                                                                                                        

0.0045 EUR/MWh

Max fee per transaction = 10 % of Option Premium

 

European Gas Contracts

Monthly DS Futures                

0.0025 EUR/MWh

 

* Variable exchange trading fee: No variable Exchange Trading fee applies to the Contract Base when exercised in accordance with the Clearing Rules. Variable Clearing fees (discounted) will apply to Clearing of the Contract Base upon Option Exercise.

Delta hedge discount: An Exchange Transaction entailing a delta hedge in an Option Contract, i.e. an Option Contract and its Contract Base in the same Exchange Transaction, has no Trading fee for the Contract Base provided that (i) the Option and delta trades are conducted simultaneously and (ii) MTS is notified before or within ten (10) minutes from Contract Time. The discount is only available when establishing an initial position.

Option strategy discount: Exchange Transactions consisting of two or more Option Contracts with the same Contract Base traded simultaneously receives a fee discount of 50 % of the trading fees that would normally apply to that Exchange Transaction. If the relevant Exchange Transaction also includes a delta trade, the delta hedging discount applies additionally.

 

ETS/MTS and Block Trades, combined Trading and Clearing, Fixed Fee

for German Electricity Contracts**

 

German Electricity Contracts

Futures and DS Futures              

10.000 EUR/Month

Options

None

 

** Fix fee scheme: Account Holders and Exchange Members may nominate one Trading Account or one Clearing Portfolio for fix fee for trading and clearing of German Electricity contracts (including for the avoidance of doubt German Options and EPADS), subject to the Exchange and the Clearinghouse’s written confirmation, in which case the fixed fee will be collected by the Clearinghouse upfront on a monthly basis from the subsequent month. This fixed fee scheme is valid until 31 December 2016.

UK Energy - GBP

Block Trades

 

Combined Trading and Clearing Fee, UK Energy - GBP

UK Contract type                   

Futures and Monthly DS Futures

UK Power 

0.0025 GBP/MWh

UK Natural Gas 

NBP and Zeebrugge

 

0.0015 GBPence/therms

 

ETS/MTS Transactions

 

Trading Fee, UK Energy - GBP

UK Contract type                  

Futures and Monthly DS Futures

UK Power 

0.0030 GBP/MWh

UK Natural Gas 

NBP and Zeebrugge

0.0030 GBPence/therms

 

Clearing Fee, UK Energy

UK Contract type                  

Futures and Monthly DS Futures

UK Power 

0.0025 GBP/MWh

UK Natural Gas 

NBP and Zeebrugge

0.0015 GBPence/therms

El-Cert Contracts

Trading Fee, El-Cert

El-Cert

Futures and DS Futures

SEK Electricity certificates

0,10 SEK/El-Cert

 

Clearing Fee, El-Cert

EL-Cert

Futures and DS Futures

SEK Electricity Certificates

0,15 SEK/El-cert

Allowance Contracts

Combined Trading and Clearing Fee, Allowance Contracts

 

Allowance contracts

Futures

Options

EUAs

0.003 EUR/tCO2

0.003 EUR/tCO2

 

Freight and Fuel Oil Contracts

Combined Trading and Clearing Fee, Freight and Fuel Oil, Block Trades

 

Tanker Freight 

Futures

Options

TC2, TC5, TC6, TC7, TC9, TC12, TC14, TC15, MRA

3 USD/lot

3 USD/lot

TD3, TD7, TD8, TD20

3 USD/lot

3 USD/lot

LPG1

3 USD/lot

3 USD/lot

Spread and Option strategy discount: For members Trading and Clearing spreads and Option strategies a rebate of 50 % of the total fee is given. To receive the strategy/spread rebate, the trades have to be reported as a strategy or spread.

 

Dry Freight                                              

Futures    

Options    

CS4TC, CS5TC, PM4TC, SM6TC, SM10TC, HS6TC

4 USD/lot

4 USD/lot

C3, C4, C5, C7

3 USD/lot

3 USD/lot

P1A, P2A, P3A

3 USD/lot

3 USD/lot

 

Spread and Option strategy discount: For members Trading and Clearing spreads and Option strategies a rebate of 50 % of the total fee is given. To receive the strategy/spread rebate, the trades have to be reported as a strategy or spread.

Full Size discount: For members Trading and Clearing full size calendars, half-year and quarterly Contracts, a rebate of 50 % of the total fee per trade is given.

 Full size calendars: volume per trade > 360 lots
 Full size half-year: volume per trade >180 lots
 Full size quarters: volume per trade >90 lots

Monthly Volume discount: Monthly volume discount on Dry Freight Futures, per Clearing Portfolio;

Discounts above the threshold

Monthly volume

0 – 1000 lots

N/A

1001 – 2000 lots

20 %

Above 2000 lots                                    

40 %

 

 

Fuel Oil

Futures

RDM35FOSS,

SPO180FOSS, SPO380FOSS,

MED35FOSS

0.03 USD/lot 

 

 

Spread discount: For members Trading and Clearing spreads and Option strategies a rebate of 50 % of the total fee is given. To receive the strategy/spread rebate, the trades have to be reported as a strategy or spread.

Ferrous Contracts

Combined Trading and Clearing Fee

 

Iron Ore Contracts

 Futures

Options

Iron Ore CFR China (CHN62FE)                        

20 USD/lot

20 USD/lot

 

Steel Contracts                   

Futures

Options

US Shredded Scrap Steel - Midwest (USSH)

2 USD/lot

2 USD/lot

ASEAN Hot Rolled Coil (ASEHRC)
 

2 USD/lot 

2 USD/lot

US Hot Rolled Coil (USHRC)

2 USD/lot

2 USD/lot

 

Coking Coal                                                         

 Futures     

Options   

Australian Coking Coal (COKAUS)                        

20 USD/lot

20 USD/lot

 

Spread and Option strategy discount: For members Trading and Clearing spreads and Option strategies a rebate of 50 % of the total fee is given. To receive the strategy/spread rebate, the trades have to be reported as a strategy or spread.

Seafood Contracts

Clearing Fee, Seafood Contracts

 

Membership Category

Futures                       

Clearing Members (CM)

0.085 NOK/kg

General Clearing Members (GCM)

and Clearing Members registering Clearing Transactions on behalf of its Clients,

or Clearing Members holding a Financial Institution Agreement with the Third Party Exchange

0.06 NOK/kg

 

SHARE :