Intercontinental Exchange, a leading global provider of energy trading platforms for futures and options, is scheduled to launch on December 5 two liquefied natural gas futures contracts for Northwest Europe and Southwest Europe and three supporting French, German and Italian natural gas futures.
Intercontinental Exchange, a leading global provider of energy trading platforms for futures and options, reported very high volumes for June and for the second quarter highlighted derivatives included North American natural gas, the European Union benchmark Dutch Title Transfer Facility and North Sea Brent crude oil.
Demand for liquefied natural gas was high worldwide as liftings remain in the three-digit zone with spot cargo prices rising for North Asia and with European benchmark gas values offering Atlantic-Pacific competition.