September has set a new trading record
Gas price spike delivers trading volume record
Exchange Ice reports a slew of new highs as traders try to navigate unprecedented TTF price levels
More than 5.5mn TTF gas futures and options traded on the Ice exchange in September, surpassing January 2021’s previous record of slightly over 4mn by 37pc. TTF futures and options also hit a record for open interest of just shy of 3.4mn contracts on 23 September. This included record open interest of 2,006,914 in TTF futures, the latest in a number of new open interest peaks as it surpassed 2mn contracts for the first time. Options on the Ice exchange hit their highest open interest for 2021 so far, at 1.39mn contracts on 24 September. TTF open interest in TTF goes out as far as December 2028 inclusive. September’s new trading record also drove a new high for quarterly activity in Q3, with
Also in this section
16 April 2025
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
15 April 2025
Loss of US shipments of key petrochemical feedstock could see Beijing look to Tehran with tariffs set to upend global LPG flows
15 April 2025
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
15 April 2025
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead
