OMIClear runs the Iberian energy clearing house, central counterparty and settlement systems since July 2006, based on state-of-the-art systems and STP processes. OMIClear is a CCP authorized under EMIR that provides clearing services for positions coming from continuous trading at OMIP, as well as OTC deals on several types of European power derivatives instruments: futures, swap, forwards and options, for European power derivatives, covering all sets of maturities, baseload, peak load and solar profiles, with financial or physical delivery. OMIClear also provides clearing services for PVB-ES Natural Gas Futures with physical delivery (listed in OMIP, MIBGAS and MIBGAS Derivatives) and with a pure financial settlement (listed in OMIP).
OMI RRM is registered as RRM with ACER and thus acts as a provider of REMIT reporting services for both standard and non-standard contracts.
Please, discover more at www.omiclear.pt
Industry
Financial Services, Unit trusts, Financial and insurance services, Business Services
HQ Location
Av. Casal Ribeiro, 14 - 8º
Lisboa, 1000-092, PT
Keywords
ClearingSettlementRisk Management