SWAPS
Companies, which have exposure to volatile oil and gas prices, manage their risks by utilizing futures contracts to hedge. This is to mitigate your exposure to volatile prices. Hedging techniques generally involve the use of derivatives: futures, swaps, and options. These are traded on the Intercontinental Exchange (ICE) and New York Mercantile Exchange (NYMEX).
Futures contract gives the buyer or the seller of the contract, the right and obligation, to buy the underlying commodity at the price which he buys or sells the futures contract. In practice, commodity futures contracts mostly do not result in delivery, they are mostly utilized for hedging and are sold or bought back between two parties outside of an exchange (over-the-counter) prior to expiration. All over-the-counter (OTC) trades are cleared through Intercontinental Exchange (ICE) or Clearport (CME).
McQuilling Energy offers our customers with OTC broking services in Fuel Oil Swaps by leveraging on our broad and diversified client base. We deliver quality services and sharp prices. We are committed to serving our customers ethically, reliably and professionally. We are a member of National Futures Association.
Our Clearing Partners
