ECC History
ECC was founded in 2006 when the clearing activities of the EEX AG were spun off into this company. The approach of ECC as specialized commodity clearing house which is open to further partners formed the basis for international partnerships. Growing even beyond Europe, ECC’s clearing services have developed into an important pillar for the global growth of EEX Group.
ECC has constantly expanded its range of products, its membership base and its exchange partnership network as outlined in the following timeline.
| 2006 | April - EEX announces the spin-off of a subsidiary for clearing services 5 July – The Dutch derivatives exchange ENDEX European Energy Derivatives Exchange N.V. and EEX sign a co-operation agreement August – ECC obtains a banking license from the Federal Financial Supervision Authority (BaFin) 25 August – ECC is entered in the Commercial Register
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| 2008 | 26 November – ECC launches co-operation with Powernext SA |
| 2009 | April – In the framework of the EEX-Powernext co-operation, ECC provides clearing and settlement for all products traded on EPEX SPOT and EEX Power Derivatives October – ECC subsidiary in Luxembourg starts operations (ECC Luxembourg S.a.r.l.) 11 December – ECC launches clearing and settlement for contracts traded on the CEGH Gas Exchange of Vienna Stock Exchange |
| 2010 | 20 July – HUPX Ltd. becomes new partner of ECC |
| 2011 | July – Start of clearing HUPX Future Market November – Launch CWE Market Coupling |
| 2013 | 1 September – Start of clearing services for POWER EXCHANGE CENTRAL EUROPE, a.s. |
| 2014 | 4 February – Extension of CWE Market Coupling to North Western Europe (NWE) 30 September – Start of clearing services for Gaspoint Nordic |
| 2015 | 6 January – Start of clearing services for EEX Futures in Fertilisers 5 May – Extension of the Trading Limits Service supporting the PEGAS Trading Limits Application, the new trading limit facility for spot trading on PEGAS 11 May – Start of clearing services for EEX Agricultural Index Futures |
| 2016 | 17 February – Start of clearing services for SEEPEX AD 9 March – Start of clearing services for HUPX Intraday Market 1 July - Start of clearing services for EEX and PEGAS Non-MTF Market 1 September - ECC is offering the Direct Clearing Participant Model (DCPM) for specific spot markets 4 October - Start of clearing services for EEX Financial Wind Power Futures 15 December - Start of clearing services for EPEX French Capacity Market |
| 2018 | 3 January - Start of clearing services for HUDEX Ltd. 15 August - Start of Clearing Services for EEX European Liquid Milk Futures 1 October - Market Launch of SEMOpx |
| 2019 | 1 January - Merger of EPEX SPOT SE and EPEX SPOT Belgium 18 June - Start of clearing services for PWX Spanish Natural Gas Introduction of clearing services for the French GO auction |
| 2020
| Clearing for Japanese Power Futures |