LONDON–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, today announced further record trading in TTF Natural Gas and
JKM LNG (Platts) contracts.
On January 30, 2019, TTF futures hit an open interest (OI) record of
1.04m lots. TTF futures and options combined achieved monthly volume of
952.4 TWh in January. Average daily volume (ADV) and OI in TTF futures
and options combined are up 103% and 64%, respectively, in January 2019,
versus January 2018.
JKM LNG (Platts) futures traded a record 25,605 lots in January, an
increase of 22% compared to the previous record of 20,916 lots set in
November 2018. JKM LNG (Platts) hit an OI record on February 4, 2019, of
26,928 lots. ADV and OI in JKM LNG (Platts) are up 176% and 123%,
respectively, in January 2019, versus January 2018. ICE reports OI net
in line with standard industry practice.
As announced in Circular 19/012,
ICE will launch JKM LNG (Platts) Average Price Options on March 4, 2019,
subject to the satisfactory conclusion of applicable regulatory
“Europe’s vast energy infrastructure and geographical location allow it
to provide a unique role as a balancing market for LNG. TTF and NBP are
the two most liquid European natural gas benchmarks and, with its
continued record trading activity, TTF is transforming into a global
natural gas benchmark,” said Gordon Bennett, Managing Director, Utility
Markets at Intercontinental Exchange. “JKM LNG (Platts) is one of the
fastest growing natural gas benchmarks and has established itself as the
most liquid Asian natural gas benchmark”.
As home to the broadest range of natural
gas benchmarks, ICE plays a leading role in providing access to
price transparency and data to allow the market to navigate and risk
manage the globalization of natural gas and the ongoing transition in
About Intercontinental Exchange
Exchange (NYSE: ICE) is a Fortune 500 and Fortune Future 50 company
formed in the year 2000 to modernize markets. ICE serves customers by
operating the exchanges, clearing
houses and information services they rely upon to invest, trade and
manage risk across global financial and commodity markets. A leader in
market data, ICE Data
Services serves the information and connectivity needs across
virtually all asset classes. As the parent company of the New
York Stock Exchange, the company raises more capital than any other
exchange in the world, driving economic growth and transforming markets.
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information Documents (KIDS)”.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 — Statements in this press release regarding ICE’s business
that are not historical facts are “forward-looking statements” that
involve risks and uncertainties. For a discussion of additional risks
and uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE’s Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE’s Annual Report on Form 10-K for the year ended
December 31, 2017, as filed with the SEC on February 7, 2018.
Source: Intercontinental Exchange