|
|
 |
 |
 |
The New York Mercantile Exchange ClearPort® technology network is a flexible, internet-based system that provides a market gateway to trading and clearing services.
The system lets market participants take advantage of the financial depth and security of the Exchange clearinghouse along with round-the-clock access to more than 350 energy and metals futures and options contracts including natural gas location differentials; electricity, crude oil spreads and outright transactions; refined product crack and location spreads and outright transactions; and coal.
NYMEX ClearPort gives market participants unparalleled flexibility
to either trade this extensive slate of derivatives through the NYMEX ClearPort
trading system or, to conduct their own transactions
off-exchange, negotiate their own prices, and still take advantage of the
financial depth and integrity of the Exchange clearinghouse by submitting
the transactions through NYMEX ClearPort clearing.
NYMEX ClearPort is an open system, which allows trading firms to customize their front-end software to meet their particular trading requirements. The system lets commercial traders quote transactions in standard commercial units, such as barrels or British thermal units, while converting them to cleared contract equivalents. It uses enterprise-wide credit limits across both traded and cleared-only transactions to allow for prudent risk management. It also supports negatively priced contracts allowing the trading of location, quality, and product differentials.
All market participants desiring to execute transactions on NYMEX ClearPort
must first establish an account with an Exchange clearing member firm. Getting
started to trade or submit transactions for clearing via NYMEX ClearPort
is easy. Once an account has been established with a clearing member, complete
the on-line registration form.
Once approved, you'll be able to begin trading immediately. |
|
|