The Exchange offers an EFP facility for participants in the emissions markets to use the ICE ECX EUA and ICE ECX CER Futures Contract to mitigate their OTC risk exposures by registering their positions with the Exchange for clearing by ICE Clear Europe.
EFPs help participants to manage their counterparty risk exposures and benefit from the security provided by the Exchange's delivery mechanism and ICE Clear Europe's financial guarantee.
The EFS mechanism works in a similar way to EFP, the only difference being that with an EFP trade the underlying is a physical contract whereas with EFS the underlying is a financial contract. In the emissions market, the EFP facility is utilised by market participants to clear OTC forward contracts and the EFS facility to clear OTC options or swap contracts.
The Exchange offers an EFS facility for participants in the emissions markets to use the ICE ECX EUA and ICE ECX CER Futures Contracts to mitigate their OTC risk exposures by registering their positions with the Exchange for clearing by ICE Clear Europe.
EFSs help participants to manage their counterparty risk exposures and benefit from the security provided by the Exchange's delivery mechanism and ICE Clear Europe's financial guarantee.
ECX offers a Block Trade Facility which allows participants to engage in high volume trades and complex strategies in relation to ICE ECX EUA and ICE ECX CER Contracts. The Block Trade Facility allows members to bilaterally negotiate ICE ECX EUA and ICE ECX CER Contracts without the normal requirement to first reveal the order to the market so long as the order meets or exceeds a minimum volume threshold. Members may execute Block Trades which involve the trading of two or more different contracts or Block Trades that involve two or more different contract months and/ or strice prices of the same contract.
PRODUCTS & SERVICES 
