About the Intercontinental Exchange (ICE)
For prompt or ‘Day Ahead’ markets in North American power, ICE is a major execution venue for over-the-counter (OTC) trading. These power indices are taken directly from transactions executed on the ICE platform representing approximately 70% of next day trading activity.
Currently, more than two dozen hubs -- or delivery points -- can be traded throughout the major FERC power regions in North America.
ICE’s OTC participants are some of the world’s largest energy companies, financial institutions and other active members in the global commodity markets. Participants include refiners, power stations, utilities, chemical and transportation companies, banks and hedge funds, as well as other energy and financial industry professionals. |