Matrix Global

The upstream and downstream energy markets have utilized derivative products for the past 35 years to help manage their market risk. The Matrix Auction Program (MAP) similarly provides a means for the midstream storage sector to help manage its risk through portfolio diversification. The MAP enables a facility owner to have a mix of both traditional term storage for two-plus years and short-term storage contracts for 1 to 12 months that are positioned along the forward curve. The MAP provides different methodologies that storage facilities can utilize to enhance their marketing efforts.

Transparency

The Matrix auction platform gives immediate price discovery to the value of storage.

Credit Disintermediation

Through the CME clearing process and the prepayment mechanism, counterparty risk is removed between the buyer and the seller.

Flexibility

Being able to acquire storage on an as-needed basis provides users the ability to match their acquisition with their financial or physical requirements.