NGX, Canada’s leading energy exchange and North America’s largest physical clearing and settlement facility, established a new record yesterday for weekday trading and clearing of its North American natural gas and electricity contracts.
Total volume was 95.4 billion cubic feet of natural gas equivalent (100,671 terajoules). The previous record was 65.2 bcf (68,747 TJ) on April 26, 2006.
About NGX
NGX is Canada’s leading energy exchange and North America’s largest physical clearing and settlement facility. Since 1994, NGX's unique market model has provided traders with one of the most highly liquid, secure and efficient environments available for trading and clearing natural gas and electricity contracts. NGX is based in Calgary and wholly owned by TSX Group, which collectively manages all aspects of Canada's senior and junior equity markets. In March 2007, NGX announced a technology and physical clearing alliance with the InterContinental Exchange (ICE). For more information visit www.ngx.com.
