Intercontinental Exchange, the leading global network of exchanges and clearing houses, today announced that the ICE Futures Europe NBP Natural Gas futures contract achieved a daily volume record of 146,780 contracts (equivalent to 4.47 billion therms) on March 18, 2015. The previous record of 137,495 contracts was set on February 10, 2015.
The ICE NBP Natural Gas futures contract is the leading on-exchange benchmark for European natural gas, with the contract seeing an increase in liquidity and open interest in recent years. Year to date, average daily volume is 64,148 contracts, up 54% on 2014; and open interest currently stands at a record 377,652 contracts as of March 18, 2015.
At ICE Futures Europe, market participants can trade NBP futures and options contracts alongside ICE Endex’s natural gas portfolio on the ICE platform. Contracts listed at ICE Endex include Dutch TTF futures and options contracts, as well as Belgian ZTP futures, German NCG futures and GASPOOL futures.