enmacc operates a digital platform for OTC trading of energy and environmental commodities, facilitating real-time price discovery and trade execution through its independent RFQ and price screens. The platform enhances market access and liquidity for over 500 member companies, streamlining the trading process and improving operational efficiency for energy traders and portfolio managers.
Funding
$11.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AWBFounders
Product
Problem
Over-the-counter (OTC) energy and environmental commodity trading often lacks transparency and can be inefficient due to manual processes and limited market access. Discovering the best prices and executing trades quickly can be challenging for energy traders and portfolio managers.
Solution
enmacc provides a digital platform that streamlines OTC trading for energy and environmental commodities, offering real-time price discovery and efficient trade execution. The platform's independent Request for Quotation (RFQ) and price screens enhance market access and liquidity, connecting over 500 member companies. enmacc's solution allows traders to generate liquidity, reach a broad range of market participants, and negotiate prices directly. The platform supports anonymous trading, various quoting types, and automatic credit checks, improving operational efficiency and reducing counterparty risk. enmacc also facilitates straight-through-processing (STP) for clearing services in collaboration with major European exchanges and clearing houses.
Target Audience
The primary target audience includes energy traders, portfolio managers, and energy procurement teams seeking to optimize their trading processes, enhance market visibility, and improve price discovery for energy and environmental commodities.
Features
- Digital RFQ creation using natural language processing
- Anonymous trading options to protect identity
- Support for good-till-cancelled, indicative, and timed quotes
- Direct negotiation capabilities for accelerated price discovery
- Automatic credit checks for real-time risk management
- Spread trading functionality, including location, time, and commodity spreads
- Integration with Refinitiv Eikon Messenger for expanded reach
- Microsoft Teams Connector for real-time trading activity updates
- API for automation and integration with existing systems
- Green Grey Swaps for bundled trading of renewable and conventional power with Guarantees of Origin (GoOs)
- REMIT reporting for automated regulatory compliance