NYMEX Clearport

Clearport is the NYMEX electronic (paperless) front-end entry system which allows automatic clearing upon trade entry. This system checks client's risk and margin limits, therefore mitigating any potential counter-party execution risk. Trades using Clearport are not considered completed until entered and accepted into the system

Since options and swaps structures may include several components, months or spreads, it is often more practical to solve for hedge products dealing directly with a counterparty such as HCEnergy. Traditionally banks have dominated the market known as Over-The-Counter ("OTC"), where hedging solutions were customized for each customer. These bilateral transactions were non-regulated, lacked price transparency and often were not flexible. Now customers are enabled to “clear” many popular OTC products on exchange which improves competition and pricing, reduces trading friction and improves credit risk, all within the oversight of the regulated market (CFTC). Today, the meaning of OTC transactions has changed since many can be cleared on the NYMEX or ICE platforms. HCEnergy brings its expertise to customers that have enabled a NYMEX clearing account with any Exchange clearing member or broker.

Since many NYMEX-cleared products are not offered consistently on the floor of the exchange, clients can benefit from a direct relationship with HCEnergy for product consulting or price discovery.

HCEnergy works with clients to find the NYMEX products that best fit a particular risk profile or strategy.