NGX offers a variety of products across commodities throughout Canada and the US. NGX’s clearing-supported trading model provides an environment in which counter parties can minimize risk while improving price discovery and facilitate back-office processes.
By partnering with the Intercontinental Exchange (ICE), NGX’s gas, power and crude oil contracts are available for onscreen trading through ICE’s WebICE platform. All NGX futures transactions available on ICE enter the NGX clearing system after trading, allowing traders to utilize ICE trading technology while minimizing risk by using the NGX clearing model. Direct OTC Clearing is also available by contacting the NGX Marketing group. All physical commodities traded on NGX are physically cleared and scheduled by NGX to ensure all delivery obligations are met.
For customers simply looking for real-time and historical market information, NGX offers a Viewing Service that allows access to critical data included in the NGX Trading Reports. Data from NGX gas, power and crude can then be viewed through one system. Different settlement and index information is provided based upon the chosen NGX Viewing service.
In addition to contracts available through ICE, NGX offers Ancillary Services electricity contracts through WattEx. These contracts transact on the WattEx trading system.
NGX offers independent auctions hosted on NGX TradePath. Contracts executed on the NGX TradePath can be cleared through the NGX Clearing system. Since 2006, NGX has hosted bilateral and cleared power auctions for customers, including the Ontario Power Authority, Enmax and Epcor.