Cookies on the ICIS website


Our website uses cookies, which are small text files that are widely used in order to make websites work more effectively. To continue using our website and consent to the use of cookies, click away from this box or click 'Close'

Find out about our cookies and how to change them

APX-ENDEX 2011 TTF natural gas trades up but way below OTC

03 May 2012 17:12:54 | esgm

Volumes of TTF natural gas futures contracts traded on the APX-ENDEX exchange stood at 238TWh in 2011, 100% higher year on year, the company said on Thursday in its annual results.

But despite the increase, the figure is still far lower than corresponding over-the-counter (OTC) volumes, which in 2011 stood at 5,629TWh, according to ICIS data.

Also, an additional 95TWh were registered for clearing, the company said.

The company's TTF spot market saw a total of 12.4TWh traded in 2011, over 100% higher year on year. Of these, 11.9TWh was on the Day-Ahead, which compares with 156TWh OTC, according to ICIS data.

Total energy volumes traded were 25% higher year on year at 592TWh. This boosted the company's operating result to €5.6m in 2011, up from €3.8m in 2010.

Other Options