- About NGX
- NGX Services
- Clearing & Settlement
- Product Map
- customer resources
- Market data
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. In 2008, NGX and Intercontinental Exchange (ICE) launched an operational alliance where by NGX uses ICE’s front end trading technology and provides clearing services for ICE’s US physical gas products. NGX is wholly owned by TMX Group Limited which collectively manages all aspects of Canada’s senior and junior equity markets.
|Ownership||100% TMX Group Inc.|
|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|
NGX products and clearing services are available through ICE‘s WebICE trading platform
NGX’s physical contract volumes represent three to four times underlying Canadian production.
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.
NGX generates price indices from fixed price contracts traded in NGX markets. These are available in realtime and are widely used by the industry to settle both NGX traded and OTC contracts.
Contracting Party Agreement
Detailed NGX Overview
List of Contracting Parties
NGX Fee Schedule
NGX Index Methodology Guide
NGX Portfolio Margin Methodology Guide
NGX Principle for Financial Market Infrastructures Disclosure
NGX PFMI Quantitative Disclosure Q1 2016
NGX PFMI Quantitative Disclosure Q2 2016
NGX PFMI Quantitative Disclosure Q3 2016
NGX PFMI Quantitative Disclosure Q4 2016
NGX PFMI Quantitative Disclosure Q1 2017
WattEx Index Methodology