Powernext and the clearing house European Commodity Clearing (ECC) are to introduce a series of new measures throughout 2016 in order to further accelerate the positive development of the TTF futures market.
In 2015, the volumes traded on the TTF derivatives market via the PEGAS platform operated by Powernext increased to 429 TWh compared to 150 TWh in 2014. In addition, PEGAS set a new record with more than 100 TWh being traded in one month in January 2016.
Egbert Laege, CEO of Powernext, comments: “These new TTF initiatives will benefit our entire customer base and also attract further customers to trade on this market, thus further strengthening our position on the TTF.”
A set of measures has been decided for this initiative:
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Powernext And ECC To Introduce Measures To Further Strengthen Liquidity In TTF Futures On PEGAS
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