ICE expands portfolio margin model to ERCOT power markets

11th May, 2026

Zak Jakubowski
Electricity pylons silhouetted against an orange sunset sky with dark clouds.

Intercontinental Exchange (ICE) has expanded its VaR-based ICE Risk Model 2 (IRM 2) to US ERCOT power futures and options, extending portfolio margining to one of the exchange’s fastest-growing energy derivatives markets.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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