New Invoice Format for Nodal Exchange

We are pleased to announce a new invoice format for the Nodal Exchange market, beginning with the August 2012 statement for July trading.

The new format utilizes the Comment field to delineate the source of the fee or rebate (i.e. Market Levy, Cash Settled, or Registration) and to apportion the amounts due/owed by trading account. The format of the Comment field will be as follows, where XXX represents the Individual Trading Mnemonic (ITM)  for the trading account:

 CASH SETTLED FEE FOR XXX
 CASH SETTLED REBATE FOR XXX
 REGISTRATION FEE FOR XXX
 REGISTRATION REBATE FOR XXX
 MARKET LEVY FOR XXX
 MARKET REBATE FOR XXX

Note, only non-zero entries for fees and/or rebates will be presented on the invoice.

For more information regarding the new invoice format, or to see a sample file, please contact [email protected], or call the Fee Invoice Team on +44 (0)20 7426 7000.
 
Nodal Exchange and LCH.Clearnet contract-specific fees will continue to be available in the "NEX_CONTRACT_DETAILS ", a CSV file published on the Nodal Exchange website, http://www.nodalexchange.com/resource_center/contracts.php.

Henceforth, the fees and rebates for the Nodal Exchange market will be governed by the contract specific fee structure found in this file.

For more details on the new fee structure and ways to access the current fee schedule, please contact Nodal Exchange's Account Management team on [email protected] or call 001-703-962-9820.