For spot trading of electricity and gas, OeKB also offers small energy companies the General Clearing Member Service, as their connection to ECC (European Commodity Clearing). We are the only Austrian GCM with high credit quality and low risk.
Your situation
Do you wish to trade on the ECC’s partner exchanges in the spot markets for electricity and gas, or are interested in market access for the purchase of German national emissions certificates (nEZ)? Then as a Non-Clearing Member (NCM), you need the services of a General Clearing Member (GCM).
Our offering: GCM service with
high credit rating and low risk
We offer our customers the GCM service for trading gas and electricity in the spot markets. Energy companies with low trading volumes also benefit from our service. We are the only GCM in Austria and offer services with a low level of risk thanks to our strong credit standing and many years of market experience . Since 2021, OeKB offers access for the purchase of German national emissions certificates (nEZ).
Payment settlement and collateral management
We offer our customers account management for settlement and cash margin accounts, collateral management and depositing, as well as the handling of daily financial clearing with ECC. In this role, OeKB is positioned between ECC and the NCM and assumes the NCM’s risk in relation to ECC.
OeKB as a General Clearing Member
OeKB operates in spot markets as a General Clearing Member with ECC, Europe's major clearing house for energy and related products, which provides clearing services to its partner exchanges.
Includes the clearing for ECC’s partner exchanges
- EEX (European Energy Exchange)
- EPEX SPOT SE
- HUPX (Hungarian Power Exchange)
Advantages for you
OeKB's creditworthiness is excellent.
As your GCM, OeKB assumes your risk as an NCM.
OeKB’s deep understanding of commodity exchanges benefits your business.
Costs and commissioning
The cost of OeKB’s GCM services depends on the NCM, the credit rating, the services required, volume traded and limits set. Simply request an individual quote
