ECC assumes the counterparty risk and guarantees the physical and financial settlement of transactions, providing security and cross-margining benefits for its customers.

In addition, ECC also provides clearing services for the partner exchanges HUPX, HUDEX, NOREXECO, SEEPEX and SEMOpx.

ECC was established as a subsidiary of the European Energy Exchange (EEX) in 2006.

[1] This cooperation agreement constituted ECC's first step towards a clearing house working for several exchanges.

Overall, ECC provides clearing and settlement services for the following products:[3] Partner exchanges: