February 2006 Market Clearing in the Energy Industry 67 © Copyright 2005, CCRO. All rights reserved. 13. APPENDIX F: CLEARING VENDOR SOLUTION DETAILS48 NCC/ North American Energy Credit and Clearing Corp (“NECC”) New York Mercantile Exchange (“NYMEX”) ICE/LCH Clearnet Virtual Markets Assurance Corporation (“VMAC”) Natural Gas Exchange Contact information 227 West Monroe Street Suite 2000 Chicago, IL 60606 (312) 762-5912 www.necclear.com World Financial Center One North End Avenue New York, NY 10282 (212) 299-2000 www.nymex.com 2100, River Edge Parkway, Atlanta, GA 30328 (770) 738- 2101 www.theice .com 55 Fifth Avenue New York, NY 10003 (212) 704-0590 www.vmac.com Ste 2330, 140 - 4th Ave. SW Calgary, AB T2P 3N3 Canada (403) 974- 1700 www.ngx.com Stimulates competitio n/ stability/ liquidity FERC Status NECC will obtain a FERC power marketer license. NYMEX will obtain a FERC power marketer license. ICE will obtain a FERC power marketer license where necessary. VMAC is based on ISDA form commodity swaps and as such will fall outside FERC jurisdiction. NGX is not regulated by FERC. NGX is regulated by the Alberta (Provincial) Securities Commission. Board in Canada. CFTC Status The Clearing Corporation is registered as a DCO and plans to act as DCO for NCC in Phase II. NYMEX is registered with the CFTC both as an Exchange and as a DCO. Additionally, NYMEX has received CFTC approval to clear a number of financially and physically settled energy futures products, which the ICE OTC is an Exempt Market under the Commodity Futures Modernizati on Act. LCH (London Clearing Per the above, VMAC will fall outside CFTC jurisdiction. NGX’s principal residence is in Canada and is subject to exemption orders from various Provincial regulators, principally the 48 Note that the information contained in this Appendix is intended for general informational purposes, and does not represent an independent assessment, verification, or endorsement by the CCRO of vendor capabilities, products and services, or claims. Rather, the information presented is intended only to provide the reader with background on certain vendor characteristics. Clearing users are advised to perform their own independent review as to the accuracy of vendor claims and the appropriateness of use of any product or service. Vendors provided input into this section.