Private company

European Commodity Clearing AG

Logo: ECC / Ursula Goetze, Public domain, via Wikimedia Commons4

Company based in Germany

European Commodity Clearing (ECC) is the leading clearing house for energy and commodity products in Europe and the central clearing house for the Global Commodity Exchange, part of the European Energy Exchange (EEX) Group. ECC assumes the counterparty risk and guarantees the physical and financial settlement of transactions, providing security and cross-margining benefits for its customers. As part of EEX Group, ECC provides clearing services for EEX, EEX Asia and EPEX SPOT with additional services provided to Power Exchange Central Europe (PXE).2 It was founded in 2006.1 It is headquartered in Leipzig.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2006Founded1
  • HeadquartersLeipzig1
  • Websitewww.ecc.de
  • Legal formAktiengesellschaft1
  • LEI529900M6JY6PUZ9NTA713
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressAugustusplatz 9, 04109 Leipzig, Germany3
  • Registered withLocal Court Leipzig, HRB 223623

European Commodity Clearing (ECC) is the leading clearing house for energy and commodity products in Europe and the central clearing house for the Global Commodity Exchange, part of the European Energy Exchange (EEX) Group. ECC assumes the counterparty risk and guarantees the physical and financial settlement of transactions, providing security and cross-margining benefits for its customers. As part of EEX Group, ECC provides clearing services for EEX, EEX Asia and EPEX SPOT with additional services provided to Power Exchange Central Europe (PXE). In addition, ECC also provides clearing services for the partner exchanges HUPX, HUDEX, NOREXECO, SEEPEX and SEMOpx.2

Corporate structure

European Commodity Clearing AG is part of a group headed by Deutsche Börse. 106 entities, 28 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Deutsche Börse Eschborn, Germany
    • 360 Treasury Systems Frankfurt am Main, Germany
    • Clearstream Banking SA Luxembourg, Luxembourg
    • CLEARSTREAM FUND CENTRE S.A. Luxembourg, Luxembourg
    • Crypto Finance AG Zürich, Switzerland
    • EURO STOXX 50 Zug, Switzerland
    • European Energy Exchange Leipzig, Germany
      • European Commodity Clearing AG Leipzig, Germany
      • EEX ASIA PTE. LTD. Subsidiary · Singapore, Singapore
      • EEX Link GmbH Subsidiary · Leipzig, Germany
      • European Commodity Clearing Luxembourg S.ar.l. (European Commodity Clearing Luxembourg S.àr.l.) Subsidiary · Luxembourg, Luxembourg
      • European Energy Exchange - Non-MTF Market Subsidiary · Germany
      • European Energy Exchange - OTF Gas Market Subsidiary · Germany
      • European Energy Exchange - Regulated Gas Market Subsidiary · Leipzig, Germany
      • European Energy Exchange - Regulated Market Subsidiary · Leipzig, Germany
      • NODAL EXCHANGE, LLC Subsidiary · Vienna, Virginia, United States
        • NODAL CLEAR, LLC Subsidiary · Tysons Corner, Virginia, United States
    • SimCorp København S, Denmark
      • Axioma Inc. Subsidiary · New York, New York, United States
      • SCIM SDN. BHD. Subsidiary · Kuala Lumpur W.P., Malaysia
      • SimCorp Asia PTY Ltd. Subsidiary · Sydney, Australia
      • SimCorp Austria GmbH Subsidiary · Wien, Austria
      • SimCorp Benelux SA/NV Subsidiary · Brussel, Belgium
        • SimCorp Netherlands Branch · Brussel, Belgium
      • SimCorp Canada Inc. Subsidiary · Vancouver, Quebec, Canada
      • SIMCORP CORIC LIMITED Subsidiary · London, United Kingdom
      • SimCorp France S.A.S. Subsidiary · Paris, France
      • SIMCORP GmbH Subsidiary · Bad Homburg vor der Höhe, Germany
      • SimCorp Hong Kong Ltd. Subsidiary · Wanchai, Hong Kong
      • SIMCORP IBERIA S.L. Subsidiary · Barcelona, Spain
      • SimCorp India LLP Subsidiary · Gautam Buddha Nagar, Noida, India
      • SIMCORP LIMITED Subsidiary · London, United Kingdom
        • "SIMCORP LIMITED" SIRKTININ AZRBAYCAN RESPUBLIKASINDAKl FILIALI Branch · London, United Kingdom
        • symkwrb lymtd - abwzby (سيمكورب ليمتد - ابوظبي) Branch · London, United Kingdom
      • SimCorp Luxembourg S.a r.l. (SimCorp Luxembourg S.à r.l.) Subsidiary · Luxembourg, Luxembourg
      • SIMCORP NORGE AS Subsidiary · Oslo, Norway
      • SimCorp Schweiz AG Subsidiary · Zürich, Switzerland
      • SimCorp Singapore Pte. Ltd. Subsidiary · Singapore, Singapore
        • simkopeusing-gapoleupitiieltidi(yeong-eobso) (심코프싱가포르피티이엘티디(영업소)) Branch · Singapore, Singapore
      • SIMCORP SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA (SIMCORP SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ) Subsidiary · Warszawa, Poland
      • SimCorp Sverige AB Subsidiary · Stockholm, Sweden
        • SimCorp Sverige AB filial i Finland Branch · Stockholm, Sweden
      • SimCorp TalentCo ApS Subsidiary · Copenhagen S, Denmark
      • SimCorp USA Inc. Subsidiary · New York, New York, United States
      • SimCorp Japan株式会社 Subsidiary · 東京都, Japan
      • sym kwrb dh.m.m (سيم كورب ذ.م.م) Branch · København S, Denmark
      • symkwrb lymtd - fr dby (سيمكورب ليمتد - فرع دبي) Branch · København S, Denmark
    • Clearstream Subsidiary · Luxembourg
    • DAX Subsidiary · Frankfurt
    • Deutsche Börse Cloud Exchange AG Subsidiary · Eschborn
    • EuroCTP Subsidiary · Amsterdam
    • Power Exchange Central Europe Subsidiary · Praha 1, Czechia
    • Stoxx Limited Subsidiary · Zurich
      • Stoxx Limited - Customized Indices Subsidiary · Switzerland
      • Stoxx Limited - Indices Subsidiary · Switzerland
      • Stoxx Limited - Volatility Indices Subsidiary · Switzerland
    • INSTITUTIONAL SHAREHOLDER SERVICES EUROPE Subsidiary · 80.31% · Watermael-Boitsfort, Belgium
    • 360 Trading Networks Inc. Subsidiary · New York City, New York, United States
    • 360 TRADING NETWORKS UK LIMITED Subsidiary · London, United Kingdom
    • 360T Subsidiary · Germany
    • 360T ASIA PACIFIC PTE. LTD. Subsidiary · Singapore, Singapore
    • 360TGTX Inc. Subsidiary · New York, New York, United States
    • Axioma (HK) Ltd Subsidiary · Wanchai, Hong Kong
    • Axioma Argentina S.A.U Subsidiary · Buenos Aires, Argentina
    • Boerse Frankfurt - Freiverkehr Subsidiary · Germany
    • Boerse Frankfurt - Scale Subsidiary · Germany
    • Boerse Frankfurt – Freiverkehr– Off-Book Subsidiary · Germany
    • Boerse Frankfurt – Reguliertermarkt – Off-Book Subsidiary · Germany
    • and 35 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

ECC was established as a subsidiary of the European Energy Exchange (EEX) in 2006. In this context, EEX transferred its clearing activities to ECC. The aim has been to provide clearing services for partner exchanges as well. As a first step in this direction, on 5 July 2006, the European Energy Exchange AG (EEX) and the Amsterdam-based European Energy Derivatives Exchange N.V. (ENDEX) announced they would cooperate in the settlement of energy trading transactions.

This cooperation agreement constituted ECC's first step towards a clearing house working for several exchanges. ECC acts as central counterparty for the exchanges of EEX group and further partner exchange. Currently, 10 partner exchange use the clearing and settlement services of ECC.

From Wikipedia’s article on European Commodity Clearing, shared under CC BY-SA 4.0.5

Products and brands

Services

Currently, ECC provides clearing services for the Partner Exchanges EEX Asia, European Energy Exchange (EEX), EPEX SPOT, Hungarian Derivative Energy Exchange (HUDEX), Hungarian Power Exchange (HUPX), Norexeco, Powernext, POWER EXCHANGE CENTRAL EUROPE (PXE), SEEPEX and SEMOpx.

Overall, ECC provides clearing and settlement services for the following products:

Power (Germany, France, Austria, Switzerland, Belgium, the Netherlands, Great Britain, Hungary)

Natural Gas (Germany, France, the Netherlands, Austria)

Read the full text

Emission allowances (EUA, CER, EUAA)

Pulp (NBSK & BHKP)

Expansion of the product offerings

November 2008: ECC now provides clearing and settlement for natural gas contracts traded on the French exchange Powernext SA.

April 2009: The clearing and settlement of all French power spot and derivatives contracts within the framework of the cooperation between EEX and Powernext is now assumed by ECC.

October 2009: ECC assumes clearing and settlement for UK Power Futures.

December 2009: ECC assumes clearing and settlement services for the new gas market in Austria. The trade is executed on the stock exchange systems of the Vienna Stock Exchange, delivery point is the Central European Gas Hub (CEGH).

July 2010: ECC also acts as a clearing house for the newly built HUPX Hungarian Power Exchange and takes over the clearing and settlement of transactions concluded on HUPX electricity spot market in the framework of this cooperation.

December 2010: Clearing is extended by derivative market products.

July 2011: ECC takes over the clearing for HUPX electricity futures.

February 2013: EEX group continues expanding its Trade Registration Services to offer more products that are not traded on the EEX or ECC partner exchanges.

June 2013: EEX offers trading in Guarantees of Origin (GoOs). These certificates prove that one megawatt hour of electricity was generated from renewable energy sources. ECC takes over clearing and settlement of the trades.

September 2013: ECC assumes clearing and settlement of all trades completed at the Prague-based Power Exchange Central Europe (PXE).

December 2013: ECC and the Norwegian NOREXECO AS have agreed to cooperate in commodity trading, clearing and settlement and have concluded a cooperation agreement for that purpose.

December 2013: EEX has become the majority shareholder of the Singaporean Futures Exchange Clear Trade Exchange (CLTX). The aim is to build a new global supply of raw materials. The CLTX supplements the existing products of the EEX with products such as freight, iron ore, fuel oil and fertilizers.

From Wikipedia’s article on European Commodity Clearing, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

Ultimate parent

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Jan 22, 2018Parent Directly consolidated by European Energy Exchange3
  2. 2006Founded Founded1