IntercontinentalExchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced a new daily volume record for the ICE U.K. National Balancing Point (NBP) Natural Gas futures contract. On 30 August 2011, 68,260 U.K. NBP Natural Gas futures contracts traded on ICE Futures Europe, surpassing by more than 20% the previous record of 56,380 contracts traded on 14 March 2011.
The ICE U.K. NBP Natural Gas futures contract is the leading benchmark for U.K. natural gas, with year-to-date trading volume of 3.8 million contracts through 30 August, up 30% on the same period in 2010. The ICE U.K. NBP Natural Gas contract trades alongside the Dutch TTF Natural Gas futures contract and Germany’s NetConnect Germany (NCG) and GASPOOL futures contracts, bringing together Europe’s three largest traded gas markets on a single trading and clearing platform.
