Amsterdam, London, 26 August 2011
Energy exchange APX-ENDEX today announces that the total volume of the TTF Gas futures market has surpassed the record high volume of 2010 when the total volume of the market reached 204 TWh.
The TTF Gas futures market has seen increased volumes throughout the year and as a result, the market’s total volume year-to-date on 23 August 2011 surpassed the total volume of 204 TWh traded and cleared in 2010. The year-to-date volume traded on the exchange is already 14% higher than the volume traded on the exchange during the entire year of 2010. The market has seen 140% increase in exchange-traded volumes compared to the same period last year while the volume of the trades registered for the OTC clearing service has experienced 18% growth.
To support the surge of the market volumes, the APX-ENDEX TTF Gas futures market sees further developments in September when new contracts will be launched. The new contracts include two week contracts as well as two additional calendar contracts, bringing the number of front-calendar contracts offered to 6.
- TTF Gas futures volumes exceed the 2010 volumes
- Exchange-traded volumes experience rapid growth
- New week and calendar contracts launched in September
Bert den Ouden, CEO of APX-ENDEX, is thrilled to see the growing TTF Gas volumes and the market confirming its position as a European gas benchmark: “Our TTF Gas volumes have seen constant growth throughout the year and I expect to see further growth on our futures as well as spot gas markets. TTF is securing its significant role on the European gas markets and we are pleased to play a major role in facilitating trading on the TTF market”.
Ends --
Commodities Now





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