Risk glossary

 

European Commodity Clearing AG (ECC)

ECC operates a clearing house for energy-related commodities and their derivatives. Currently, ECC provides clearing services for contracts traded on the European Energy Exchange (EEX), the European Energy Derivatives Exchange and the Powernext SA, as well as for over-the-counter (OTC) trades registered via these exchanges. ECC is supervised by the German Federal Financial Supervisory Authority. Founded in 2006, ECC currently offers clearing services for the following commodities: German, French, Austrian, Swiss, Belgian and Dutch power, emissions allowances, coal and natural gas.

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