- About ICE NGX
- ICE NGX Services
- Clearing & Settlement
- Product Map
- customer resources
- Market data
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, ICE NGX has developed the AB-NIT (“AECO”) hub into one of the most liquid spot and forward energy markets in North America. In 2008, ICE NGX and Intercontinental Exchange (ICE) launched an operational alliance where by ICE NGX uses ICE’s front end trading technology and provides clearing services for ICE’s US physical gas products.
Intercontinental Exchange acquired ICE NGX in December of 2017.
|Contracting Parties (CPs)||More than 250 CPs in Canada and the US|
|Launch Date||February 10, 1994|
|Volumes Traded||2012 average per month: Over 1200 Petajoules energy equivalent of natural gas and electricity|
ICE NGX products and clearing services are available through ICE‘s WebICE trading platform
ICE NGX’s physical contract volumes represent three to four times underlying Canadian production.
ICE NGX clears and settles exchange traded and OTC contracts with a notional value of approximately $50 billion.
CPs are able to optimize available collateral by netting positions centrally and maximizing offsets.
ICE NGX generates price indices from fixed price contracts traded in ICE NGX markets. These are available in realtime and are widely used by the industry to settle both ICE NGX traded and OTC contracts.
Contracting Party Agreement
Detailed NGX Overview
List of Contracting Parties
NGX Fee Schedule
NGX Index Methodology Guide
NGX Margin Methodology Guide
ICE NGX Principle for Financial Market Infrastructures Disclosure
NGX PFMI Quantitative Disclosure Q1 2017
NGX PFMI Quantitative Disclosure Q2 2017
NGX PFMI Quantitative Disclosure Q3 2017
NGX PFMI Quantitative Disclosure Q4 2017
WattEx Index Methodology