Spreadsheet: mark_taylor__24728__ClickInTradingProducts
Sheet: NordicPower

NordicPower
Short Description Boxes for Nordic Power |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | FOR OPTIONS
Nordic Power Pool |  | Term |  | Year |  | Price [NAME] |  | [NAME] |  | Currency |  | Units |  | Option Type |  | Option Strike |  | [NAME]
Swap |  | 1 week |  | 1999 |  | Sweden |  | Baseload |  | NOK |  | MWh |  | Call
Option |  | 2 weeks |  | 2000 |  | Finland |  | Day |  | SEK |  |  |  | Put
Swaption |  | 3 weeks |  |  |  | Norway 1 |  | Night |  | FIM |  |  |  | American, European, Asians
 |  | Winter 1 |  |  |  | Norway 2 |  |  |  | EUR |  |  |  | American, European, Asians
 |  | Winter 2 |  |  |  | Norway 3 |  |  |  | USD
 |  | Summer |  |  |  |  |  |  |  | GBP
 |  | Year Starting Jan
Long Descriptions
Term | 1 week | the period from the first day of the week to the last day of the week
 | 2 weeks | the period from the first day of the week to the last day of the following week
 | 3 weeks | the period from the first day of the week to the last day of the week after next
 | Winter 1 | the period 1st January to 30th April
 | Summer | the period 1st May to 30th September
 | Winter2 | the period 1st October to 31st December
 | Year Starting Jan | the period from 1st January to 31st December
Price [NAME]
 | Sweden | with reference or delivery in Sweden
 | Finland | with reference or delivery in Finland
 | Norway 1 | with reference or delivery in South / East Norway
 | Norway 2 | with reference or delivery in Mid Norway
 | Norway 3 | with reference or delivery in Northern Norway
[NAME]
 | Baseload | the minimum amount of electric power delivered or required over a given period of time at a steady rate (168 hours per week)
 | Day | the amount of electric power delivered between 06:00am and 10:00pm on a weekday (75 hours per week)
 | Night | the amount of electric power delivered between 10:00 pm and 06:00 am on a weekday and all weekend (93 hours per week)
Time Zone | CET | Central European Time
Option Type | Call Option | An agreement that gives the buyer (the holder) the right but not the obligation to buy an underlying asset for a specified price within a specified period of time in exchange for a one time premium payment.
 | Put Option | An agreement that gives the buyer (the holder) the right but not the obligation to sell an underlying asset for a specified price within a specified period of time in exchange for a one time premium payment.
 | American Call | An agreement that gives the buyer (the holder) the right but not the obligation to buy an underlying asset for a specified price within a specified period of time in exchange for a one time premium payment.  The right can be exercised at anytime during the lifetime of the option up until the exercise date.
 | American Put | An agreement that gives the buyer (the holder) the right but not the obligation to sell an underlying asset for a specified price within a specified period of time in exchange for a one time premium payment.  The right can be exercised at anytime during the lifetime of the option up until the exercise date.
 | European Call | An agreement that gives the buyer (the holder) the right but not the obligation to buy an underlying asset for a specified price within a specified period of time in exchange for a one time premium payment.  The right can only be exercised on the exercise date.
 | European Put | An agreement that gives the buyer (the holder) the right but not the obligation to sell an underlying asset for a specified price within a specified period of time in exchange for a one time premium payment.  The right can only be exercised on the exercise date.
 | Asian Call | An agreement that gives the buyer (the holder) the right but not the obligation to buy an underlying asset for an average price of that asset within a specified period of time in exchange for a one time premium payment.
 | Asian Put | An agreement that gives the buyer (the holder) the right but not the obligation to sell an underlying asset for an average price of that asset within a specified period of time in exchange for a one time premium payment.
 | Physical Forward | An agreement whereby a physical commodity is exchanged  for a fixed price over a specified period
 | Financial Swap | An agreement whereby a floating price is exchanged  for a fixed price over a specified period
Examples: