National Balancing Point (UK) - OCM Trading System

OCM Trading System

Trades at the NBP are made via the OCM trading system, an anonymous trading service managed by APX-ENDEX to which offers or requests for gas at a nominated price can be posted. The minimum amount of gas that may be traded on the OCM is 4,000 therms, so if a shipper's position is long or short by a volume less than 4,000 therms they may be forced simply to leave their balance to cash out.

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