View all news

ICE Endex Achieves Daily Volume Records in TTF Natural Gas and Dutch Power Futures Contracts

Nov 26, 2014

AMSTERDAM & LONDON--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that ICE Endex achieved a record daily volume in TTF Natural Gas futures with 27,569 contracts traded on November 25, 2014. A new total daily volume record for Dutch Power futures across Dutch Power Baseload and Dutch Power Peakload was also reached, with 3,475 contracts traded on November 25, 2014.

TTF Natural Gas futures volume represented 20.1 TWh on November 25, 2014. The previous record was set on June 17, 2014, with 23,679 contracts / 17.3 TWh traded. The ICE Endex TTF futures contract has become continental Europe’s most liquid cleared benchmark for natural gas, with open interest more than doubling since the start of the year. Open interest currently stands at 245,698 contracts / 179.3 TWh.

Dutch Power futures volume represented 2.1 TWh on November 25, 2014, and with open interest currently standing at 42,460 contracts / 23.7 TWh, it is the most liquid cleared contract for Dutch Power. The previous Dutch Power futures daily volume record was set on May 14, 2014, with 2,560 contracts / 1.6 TWh traded.

ICE Endex TTF Natural Gas futures had a record October 2014, with 279,156 contracts / 203.8 TWh traded on TTF Natural Gas futures and 31,319 contracts / 22.9 TWh traded on TTF Natural Gas options. Furthermore, after the ICE Endex futures markets migration to the ICE trading platform and clearing house where customers have benefited from cross-margin offsets, the number of TTF Natural Gas trading firms has significantly increased from 65 to 114, and the number of Dutch Power trading firms has more than doubled from 17 to 37.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is the leading network of regulated exchanges and clearing houses for financial and commodity markets. ICE delivers transparent, reliable and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange and ICE Futures.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the SEC on February 14, 2014.

SOURCE: Intercontinental Exchange

ICE-ENGY

Intercontinental Exchange
Media Contact:
Adaora Anunoby
+44 20 7429 7147
adaora.anunoby@theice.com
or
Investor Contact:
Kelly Loeffler
+1 770 857 4726
kelly.loeffler@theice.com

Source: Intercontinental Exchange

Multimedia Files:

View all news