NGX lists over 6,000 markets for clearing and/or trading over 150 physical and financial natural gas and electricity products at over 40 geographic locations ("hubs").
Each market is specified in keeping with the standard specifications of commonly traded over-the-counter (OTC) contracts, and has two components:
- The geographical location with which it is associated (in the case of electricity products, a defined set of hours on the grid).
- The formula indicating what the buyer and seller agree to pay and/or deliver upon settlement.
- Note that not all products are offered at all hubs, and some products are specific to a particular hub (e.g. products relating to a specific index).
NGX also clears select US physical gas markets that are listed on ICE.
An Excel File containing all product information is available.