Search results
Feb 10, 1994 · ICE NGX. ICE NGX, headquartered in Calgary, Alberta, Canada provides electronic trading, central counterparty clearing and data services to the North American natural gas, electricity, and environmental markets. Since beginning operations in February 1994, ICE NGX has developed the AB-NIT (“AECO”) hub into one of the most liquid spot and ...
- Services
Effective March 11, 2024 ICE NGX’s environmental products,...
- Clearing & Settlement
ICE NGX does not currently offer customer clearing and...
- Market Operations
The ICE NGX Market Operations team provides ICE NGX clients...
- Schedule & Holidays
ICE NGX pays Contracting Party Interest on cash collateral...
- Notices
ICE NGX files self-certification with CFTC: Regulations: Feb...
- Regulation
ICE NGX has received exemption orders in the following...
- Indices & Market Data
ICE NGX Natural Gas Indices are available through the ICE...
- DescendingClock Auction - EPCOR
Please call the ICE NGX Help Desk at 1-888-649-5888 or email...
- Services
Jun 30, 2024 · ICE NGX does not currently offer customer clearing and Contracting Party collateral is therefore not subject to the CFTC requirements in respect of segregation of customer funds. ICE NGX is committed to ensuring the security and integrity of the clearing operation and has a robust risk management plan to identify and manage risks to the ongoing operation of the clearinghouse.
ICE NGX has received exemption orders in the following additional Canadian jurisdictions: Ontario, Manitoba, Saskatchewan, British Columbia and Quebec. ICE NGX is registered as a Foreign Board of Trade and a Derivatives Clearing Organization pursuant to the U.S. Commodity Exchange Act and is regulated by the Commodity Futures Trading Commission.
The following chart shows the current and future market prices for deliveries in Alberta for the next several years. The market is said to be in “contango” if futures (or forward prices) are higher than spot (current) prices. Conversely, the market is showing “backwardation” if futures are trading below the spot price. Winter prices are ...
Mar 29, 2007 · ICE introduced its financial clearing solution for energy products in 2002 while NGX brought physical clearing to energy markets more than a decade ago. Clearing removes counterparty credit risk ...
Natural Gas Exchange, Inc. The Natural Gas Exchange, Inc. (NGX), headquartered in Calgary, Alberta, is owned by the Intercontinental Exchange (ICE), who acquired it from TMX Group in December 2017. [1] NGX provides an electronic trading platform, clearing and data for trading North American natural gas and power markets.
People also ask
Who is ICE NGX?
What is the difference between ice and NGX?
How does ICE NGX work?
What is NGX trading?
Does ICE NGX take positions in energy products?
What is NGX & how does it work?
ICE NGX headquartered in Calgary, Alberta, Canada, provides electronic trading, central counterparty clearing and data services to the North American natural gas and electricity markets. Since beginning operations in February 1994, NGX has developed the AB-NIT (“AECO”) hub into one of the most liquid spot and forward energy markets in North America.
