NASDAQ OMX has been serving the US energy market since 2006, and we currently support physical transactions in a number of commercial trading hubs and load zones from day-ahead transaction out through 2016.
The power transactions cover a wide array of tenors including day-ahead, weeks, moths, quarters, and years out to 2016. The products can either be executed as standard block contract - on-peak, off-peak - or as shaped load profiles (down to hourly granularity) for any tenor.
NASDAQ OMX works closely with market participants to ensure that our product suite constantly is enhanced to meet new market needs.
| || |
The ERCOT market refers to the grid in the state of Texas operated by the Electricity Reliability Council of Texas (ERCOT).
NASDAQ OMX has been providing services to the physical ERCOT market since 2006. We are currently supporting an extensive range of physical transactions for the four major ERCOT trading hubs and load zones.
Read more about ERCOT »
| || |
The WECC region encompassess the entire Western Interconnection, which comprises the states of Washington, Oregon, California, Idaho, Nevada, Utah, Arizona, Colorado, Wyoming, portions of Montana, South Dakota, New Mexico and Texas in the United States, the Provinces of British Columbia and Alberta in Canada.
NASDAQ’s initial focus has been on the Mid-C hub and the product was developed in late 2010 in close cooperation with many of the major market participants including the WSPP organization.
The NASDAQ physical Mid-C product and the market is provided in cooperation with the voice brokers and GFI’s EnergyMatch® producing an integrated transaction platform for physical day-ahead and term contracts.
Read more about WECC Markets »
| || |
The PJM market refers to the RTO area including 13 states in the North East and the District of Columbia. PJM is the largest grid operator in North America.
The NASDAQ OMX physical product is still in development with an anticipated launch sometime in the 1st quarter of 2013. The new products mimics the physical transactions currently traded OTC and there are a number of unique features that will help to improve liquidity in the physical PJM market, and will help market participants utilize credit lines and collaterals much more efficient.
Read more about PJM »