Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that ICE Endex reached a daily volume record of 23,620 contracts in Dutch TTF natural gas futures on June 17, 2014. The previous record of 20,630 contracts was set on February 21, 2014.
The ICE Endex TTF natural gas futures volume represented 17,285,820 MWh on June 17, 2014. The previous volume record on February 21, 2014, represented 15,052,745 MWh.
The ICE Endex Dutch TTF futures contract has become continental Europe’s most liquid and leading cleared benchmark for natural gas, with open interest more than doubling since the start of the year.
Open interest for ICE Endex Dutch TTF futures was 217,054 contracts as at June 17, 2014, compared with 99,256 contracts on January 2, 2014. In addition, as ICE Endex Dutch TTF futures continue to grow in liquidity and relevance, the number of firms actively trading the market has increased to 90, compared with 49 firms in 2013, prior to the migration to the ICE trading platform and clearing house.