ICE works with regulators and policy makers around the world to ensure supervision, compliance and reliable operation of markets. As a catalyst in the development of transparent, global markets, ICE works proactively to maintain the confidence of participants and the integrity of markets.
ICE NGX is recognized as an exchange and clearing agency by the Alberta Securities Commission pursuant to the Securities Act (Alberta). ICE NGX has received exemption orders in the following additional Canadian jurisdictions: Ontario, Manitoba, Saskatchewan, British Columbia and Quebec.
ICE NGX is registered as a Foreign Board of Trade and a Derivatives Clearing Organization pursuant to the U.S. Commodity Exchange Act and is regulated by the Commodity Futures Trading Commission.
Market Oversight & Compliance
ICE NGX Market Oversight & Compliance is responsible for the surveillance of order and transaction activities in ICE NGX markets to ensure such activities are conducted in a fair and transparent manner and in adherence with ICE NGX rules and applicable regulations.
ICE NGX is an exchange and clearing agency pursuant to the Securities Act (Alberta) and is regulated by the Alberta Securities Commission. ICE NGX is also a Derivatives Clearing Organization and Foreign Board of Trade pursuant to the U.S. Commodity Exchange Act, and as such is regulated by the U.S. Commodity Futures Trading Commission. Since 1994 ICE NGX has provided reliability, integrity and security in the North American energy derivatives marketplace. The Board of Directors of ICE NGX oversees the management of ICE NGX’s exchange and clearinghouse business and its regulatory obligations thereunder. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set out in the ICE global code of business conduct and the forthcoming ICE NGX Board Governance Policy.
Contracting Party Agreement
The ICE NGX Contracting Party Agreement (CPA) contains the rules to which all Contracting Parties (CPs) must adhere in their activities in ICE NGX markets.