jump to content

OMIClear

OMIClear, C.C., S.A. is a company established in Portugal that provides clearing and settlement services as a Clearing House and Central Counterparty since July 3rd, 2006 to the energy derivatives contracts traded and/or registered in OMIP - Pólo Português, S.G.M.R., S.A..

On October 31st, 2014 OMIClear was approved by its National Competent Authority (CMVM) and the rest of the members of EMIR College to perform the clearing and settlement activity as an ‘authorized CCP’, in compliance with EMIR (European Market Infrastructure Regulation).

Currently OMIClear provides clearing and settlement services to:

  • Iberian and Non-Iberian Power Derivatives Contracts traded or registered in OMIP regulated market;
  • Natural Gas Derivatives Contracts at PVB-ES virtual trading point registered (bilateral transactions only) in OMIP regulated market, which are classified as MIFID financial instruments;
  • Natural Gas Derivatives Contracts at PVB-ES virtual trading point traded or registered in Mibgas Derivatives organized market, which are not MIFID financial instruments.
Highlights See all publications
Press Release | 9 Jan 2019 Mibgas Derivatives and OMIClear launch the service for OTC registration of gas futures contracts Mibgas Derivatives will register bilateral and brokered trades of natural gas futures, to be cleared and settled by OMIClear.
Press Release | 7 Jan 2019 Curve extension on electricity contracts up to Cal+6 and Cal+7. On January 8 OMIP will launch for trading and registration futures contracts on electricity with maturity of 6 years (Cal+6) and 7 years (Cal+7). The new maturities are extendable to all electricity futures contracts listed in OMIP (Base, Peak, Solar, Forward, Swap). All of these products have subsequent clearing and settlement in OMIClear.