NASDAQ OMX US Commodities Clearing provides a credit risk management solution tailored to the unique requirements of physical energy market participants.
NASDAQ’s services provide comprehensive credit protection from transaction through delivery and settlement in a manner that consolidates cash collateral requirements across regions and accomplish superior capital efficiency
NASDAQ OMX has been providing services to the physical ERCOT market since 2006. We are currently supporting an extensive range of physical products for the four major ERCOT trading hubs and load zones.
West Market
NASDAQ OMX launched our services in the WECC region in 2010. The initial focus has been on the Mid-C hub and the product has been designed by market participants and provides a unique set of characteristics.
PJM Market
The PJM market refers to the RTO area including 13 states in the North East and the District of Columbia. The NASDAQ OMX physical product is in development with an anticipated launch date of late 2013.