Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that the ICE Endex TTF Natural Gas futures and options contracts achieved a daily volume record of 58,335 contracts (42.3 TWh) on January 21, 2015. This record more than doubles the previous TTF daily volume record, which was set on November 25, 2014 with 27,569 contracts (20.1 TWh) traded.
A total record volume of 2,425,494 ICE Endex TTF futures and TTF options contracts (1,771 TWh) were traded in 2014, up 180% year on year.
The ICE Endex TTF futures contract has become continental Europe’s most liquid cleared benchmark for natural gas, and open interest currently stands at a record-high of 293,350 contracts (214 TWh) as of January 21, 2015.
At ICE Futures Europe, market participants can trade NBP Natural Gas futures and options alongside several natural gas contracts at ICE Endex, such as the flagship Dutch TTF contracts, as well as Belgian ZTP futures, German NCG futures and GASPOOL futures. When trading on the ICE platform, ICE Endex customers benefit from cross-margin offsets at ICE Clear Europe. In addition, following the migration of the ICE Endex markets to the ICE platform in October 2013, the number of TTF Natural Gas trading firms has significantly increased from 65 to 119.