About ECC

European Commodity Clearing AG (ECC) operates a Clearing House for energy-related commodities and their derivatives. Its vision is to become the Clearing House of choice for these products.

Currently, ECC provides clearing services for contracts traded on both the European Energy Exchange (EEX) and the European Energy Derivatives Exchange N.V. (ENDEX), as well as for over-the-counter (OTC) trades registered via these exchanges. Founded in 2006, ECC currently offers clearing services for the following commodities: German, French, Austrian, Swiss, Belgian and Dutch power, emission rights, coal, and natural gas.

ECC is constantly expanding its range of products, its clearing membership and its exchange partnership network.

Its automated and integrated clearing and risk management services, across a range of markets and commodities, allow ECC to standardize processes and lower collateral requirements, providing members with cross-commodity and cross-currency clearing at a reduced cost.

ECC operates within a robust and international corporate governance structure according to internationally recognized standards for capital markets, institutions and Clearing Houses. ECC is supervised by the German Federal Financial Supervisory Authority (BaFin) and is a designated Payment System according to Article 10 of the Settlement Finality Directive 98/26/EC.

As central counterparty, ECC, which occupies a central and independent role within the marketplace, steps into every single trade that takes place on the exchange. Protection against default is provided by an internationally approved margin system and a default fund. Buyers and sellers are also guaranteed complete anonymity at each stage of the transaction.