Icap tackles margining risk
Icap Energy has introduced a new screen to allow natural gas traders mitigate their settlement and margining risk.
Energy market traders who wish to manage the discrete risk associated with cross-market exposure can now use a secure electronic trading platform for Exchange of Futures for Swaps (EFS), Penultimate/Last Day Swaps (Pen/LD) and Swaps for Nymex Clearport-cleared Henry Hub swaps for Ice-cleared Henry Hub swaps.
EFS and Nymex/Ice swaps allow traders to offset margining positions across
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