Intercontinental Change, Inc. (NYSE:ICE) right now introduced report liquidity throughout its international pure fuel futures markets, together with report open curiosity in ICE’s Henry Hub pure fuel futures market.
On December 18, 2023, ICE reached report open curiosity of 20.2 million throughout its international pure fuel futures markets. This consists of report open curiosity of 17.9 million throughout North American pure fuel futures and report open curiosity of seven.6 million in ICE’s Henry Hub pure fuel futures market, surpassing the report final set in ICE Henry Hub on April 24, 2013.
“The advantages to clients of ICE’s deal with constructing a very international vitality platform, underpinned by such a broad vary of liquid benchmarks throughout the complete vitality spectrum, is leading to extra clients selecting ICE’s markets to handle the complexity of their threat administration wants,” stated Trabue Bland, SVP, Futures Markets at ICE. “Clients are more and more recognizing the significant margin offsets accessible when buying and selling and clearing their international pure fuel and wider vitality publicity at ICE, serving to construct a momentum of liquidity and capital environment friendly buying and selling.”
ICE presents the broadest vary of benchmarks to help pure fuel markets, together with ICE’s international pure fuel benchmark TTF and supporting TTF 1st line contract, the U.S. pure fuel benchmark Henry Hub, the Canadian pure fuel benchmark AECO, ICE’s U.Ok. pure fuel benchmark NBP, and ICE JKM LNG (Platts), the benchmark worth for pure fuel for North-East Asia. By means of ICE’s Henry Hub futures, ICE presents clients essentially the most liquid markets to handle long term publicity to U.S. pure fuel costs, with members drawn to the liquidity accessible out to October 2033.
Open curiosity throughout ICE’s complete futures and choices markets hit a report 86.5 million contracts on December 14, 2023, whereas on December 15, 2023, ICE’s international commodity futures and choices markets reached report open curiosity of roughly 58 million and ICE’s international vitality futures and choices markets reached report open curiosity of 53.2 million. ICE presents clients essentially the most liquid markets on this planet to commerce vitality derivatives.