Intercontinentalexchange and natural gas exchange, a wholly owned subsidiary of TMX Group, on Thursday said they will provide "deal entry capability to energy brokers for physically cleared OTC natural gas contracts." Under this arrangement, which the two exchanges said begins immediately, energy market participants who are ICE and NGX customers may designate specific brokerage firms to enter physical transactions for clearing through NGX using the ICEBlock system. Under an alliance the two exchanges announced last year, physical clearing services are currently offered at three U.S. hubs:
展开▼