ICE To Expand Europe’s Gas Futures Trading Amid Surging U.S. LNG Demand ...Middle East

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ICE To Expand Europe’s Gas Futures Trading Amid Surging U.S. LNG Demand
The Intercontinental Exchange (ICE) has revealed plans to extend trading hours for its European gas and power futures to match the 22-hour trading cycles of the United States’ Henry Hub and JKM (Japan Korea Marker) markets. ICE aims to streamline trading flows between Europe, the United States and Asia, giving traders more ways to manage risk amid volatile gas markets. ICE is also helping traders hedge risks by pricing these contracts in USD/MMBtu.More than 103 million Dutch TTF gas contracts have changed hands on ICE in the current year,…

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