The operator valued distributions which arise in quantum field theory on the noncommutative Minkowski space can be symbolized by a generalization of chord diagrams, the dotted chord diagrams. In this framework, the combinatorial aspects of quasiplana
r Wick products are understood in terms of the shuffle Hopf algebra of dotted chord diagrams, leading to an algebraic characterization of quasiplanar Wick products as a convolution. Moreover, it is shown that the distributions do not provide a weight system for universal knot invariants.