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Natural Gas Exchange Inc. (NGX) Adds Three New Locations To Its U.S. Clearing Network

Date 15/05/2013

Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group, today announced that it has added three new natural gas clearing locations in the United States.

Physical clearing is now being offered at Cheyenne, Wyoming, TETCO M3, and Transco Zone 6 NY. NGX now offers products and clearing services at 69 natural gas, crude oil and power locations in North America, including 47 locations in the U.S.

“NGX is committed to further expanding our U.S. presence,” said Jim Oosterbaan, President and CEO, NGX. “We’re proud to have successfully launched the new locations to meet our clients’ clearing needs.”

In April 2013, NGX announced that its application to become registered as a foreign board of trade received approval from the U.S. Commodity Futures Trading Commission. For more information on the FBOT status as well as the NGX clearing locations, please visit www.ngx.com.