Since the inception of clearing for off-Exchange transactions on May 31, 2002, the equivalent of 195.3 million megawatt hours of electricity, 18.67 quadrillion British thermal units (Btus) of natural gas, 160.3 million barrels of crude oil and refined products, and 5.4 million tons of coal have been cleared through the Exchange clearinghouse, with a notional value of approximately $97.8 billion. Nearly 400 companies are registered to clear trades from a product slate of 66 energy contracts.
Open interest as of the close of business Friday was 20.6 million megawatt hours of electricity, 2.64 quadrillion Btus of natural gas, 47.1 million barrels of crude oil and refined products, and nearly 786,000 tons of coal.
Exchange President J. Robert Collins, Jr., said, "The continued robust growth in the NYMEX ClearPortsm platform is a strong indication that mitigation of counterparty credit risk remains a priority for market participants. Our energy customers have welcomed the opportunity to rely on the protection of the Exchange clearinghouse for off-exchange energy transactions. In response to the overwhelming acceptance of our off-exchange clearing services, we have major plans to introduce significant additions to our product slate in the next few months."