ICE Announces Record Activity In TTF And JKM Natural Gas Benchmarks As Participants Seek Transparent Price Discovery To Transfer Risk FEB 01, 2021
Date
Total Natural Gas Futures and Options OI +11% y/y
TTF Futures OI +40% y/y; JKM LNG (Platts) Futures and Options OI +48% y/y
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announces record activity across its TTF and JKM LNG (Platts) natural gas benchmarks as participants responded to volatile market conditions set against the ongoing liberalization of liquefied natural gas.
Market participants are utilizing the TTF and JKM LNG (Platts) contracts to manage their risk in record quantities. This is reflected in the activity set out below: