What services does NECC currently perform?
NECC offers credit protected trading opportunities for both physical and financial energy market participants that transact in OTC traded contracts (EEI, NAESB, ISDA and WSPP.) Acting as a ‘riskless principal’ NECC improves its customer’s efficiency in allocation of risk capital by netting both spot and forward positions, in both power and natural gas, from forward contract through delivery and settlement. NECC has a diverse and growing customer base that offers a variety of transaction opportunities that also net to a single collateral position with NECC. NECC uses standard clearinghouse type margining methods adapted for physical energy markets.
Related Questions
- What resources and services are available to international students currently studying at IU Southeast, in light of the current, uncertain international situation?
- If someone currently holds LBP certification in another state, how does that person get certified to perform LBP services in the state of Oklahoma?
- What services does NECC currently perform?