HCX is focused on bringing together the real time price discovery, transparency, liquidity and execution crucial to companies in these markets.

With multiple product grades, delivery locations and delivery options embedded within the HCX platform, participants can find a wide range of flexibility in posting transactions to meet their specific needs.

REFINED PRODUCTS – NATURAL GAS LIQUIDS – PETROCHEMICAL- COMMODITY PLASTICS – FERTILIZER – UREA – HYDROGEN

HCX MARKETS

At HCX we take a “value chain” approach to markets, markets are interrelated and we believe value is driven and derived from the ability to view transparency and transact across the interdependent value chains.

THE GLOBAL ELECTRONIC MARKETPLACE

The HCX platform is an over – the – counter (OTC) electronic transaction platform to downstream and midstream energy products such as natural gas liquids, refined and intermediate fuels, petrochemicals, and commodity plastic. Additionally, markets for related products such as hydrogen and fertilizer combine to provide an integrated venue for growth and future energy and fuels markets.

The technology platform is internet – based with a functionality designed for and with the input of industry participants. Contracts cover the major geographic trading hubs in North America, Europe and Asia and include a wide range of contract structures and terms, key attributes of the platform are:-

• Single – Click direct access to multiple markets.
• Hit / lift or negotiation capability
• Bilateral physical transactions
• Real – time market data including market depth
• Straight through processing – back office integration APL
• Equal participant access to markets
• Pre and Post – trade transparency
• Firm orders
• Complete actions logging and full audit trail
• User – friendly help menu system

AUCTIONS

In addition to a standard bid / ask marketplace, the HCX platform can allow participants to run auction events in a variety of formats, in addition to specific products events can be useful for such markets as pipeline capacity, fractionation or storage capacity and dedicated term or spot waterborne   dock loading space among applications.

PARTICIPANTS

Participant companies include producers, consumers, distributors, traders, transportation and logistics companies and financial institutions within each product class companies must qualified investors or commercial entities and must execute the standard HCX agreement.

OPERATING METHODOLOGY & BUSINESS RULES

Posted bids and offers on the platform are transmitted over the internet through state of the art encryption technology in real time, all bids and offers are completed however, all bids and offers are fully transparent to all participants in the market. Counterparties Are revealed to one another only upon satisfactory negotiation or transaction terms, the HCX platform contains a built in credit management matrix for bilateral transactions that is individually and securely managed by each party company. The system security will not allow participants company to transact with a counterparty for which it does not have pre – existing market credit terms before transactions settle through physical delivery at the appropriate agreed delivery location.