Electronic trading facilities providing for the execution of principal-to-principal transactions between eligible commercial entities in exempt commodities may operate as ECMs, as set forth under the CEA and the Commission’s regulations. An ECM is subject to anti-fraud and anti-manipulation provisions and a requirement that, if performing a SPDF, must provide pricing information to the public. A facility that elects to operate as an ECM must give notice to the Commission and comply with certain information, record-keeping, and other requirements. An ECM is prohibited from claiming that the facility is registered with, or recognized, designated, licensed or approved by, the Commission. A total of 37 ECMs have filed notices with the Commission. In FY 2011, 21 ECMs were in business for at least part of the year; one, however, withdrew its ECM notification during the fiscal year.
Exempt Commercial Markets | Abbreviation | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
---|---|---|---|---|---|---|---|
Agora-X, LLC | Agora-X | ||||||
Chicago Climate Exchange, Inc. | CCX | ||||||
Commodities Derivative Exchange, Inc. | CDXchange | ||||||
ChemConnect, Inc. | ChemConnect | ||||||
CME ECM Inc. | CME ECM | ||||||
DFOX | DFOX | ||||||
EnergyCross.com | EnergyCross.com | ||||||
EOX Holdings, LLC | EOXLIVE | ||||||
Evolution Markets | Evolution Markets | ||||||
FCRM Electronic Markets LLC | FCRM | ||||||
Flett Exchange | Flett | ||||||
GFI Group Inc., EnergyMatch | GFI | ||||||
Houston Mercantile Exchange | HMX | ||||||
Houston Street Exchange, Inc. | HSE | ||||||
ICAP Commodity and Commodity Derivatives Trading System | ICAP | ||||||
ICAP Electronic Trading Community | ICAPture | ||||||
ICAP Shipping Trading System | ICAP Shipping | ||||||
ICAP Truequote Multilateral Trading Facility | ICAP Truequote | ||||||
IntercontinentalExchange, Inc. | ICE | ||||||
International Maritime Exchange | IMAREX | ||||||
Liquidity Partners, LP | Liquidity Partners | ||||||
LiquidityPort, LLC | LiquidityPort | ||||||
Natural Gas Exchange, Inc. | NGX | ||||||
Nodal Exchange, LLC | Nodal | ||||||
NetThruPut | NTP | ||||||
OILX (TFSOIL) | OILX | ||||||
Optionable, Inc. | OPEX | ||||||
Parity Energy, Inc. | Parity | ||||||
Spectron Live.com Limited | SL | ||||||
The TradeCapture Exchange (TFSE) | TCX | ||||||
TFSWeather.com | TFSWeather | ||||||
tpENERGYTRADE | tpENERGYTRADE | ||||||
TraditionCoal.Com | TraditionCoal.com | ||||||
Trading OptX LLC | Trading Optx | ||||||
TradeSpark, LP | TS | ||||||
WorldPulp.com | WORLDPULP | ||||||
Total | 17 | 19 | 20 | 27 | 24 | 21 |