CME Clearing Europe Expands OTC Energy Offering with New European Natural Gas Contracts

CME Clearing Europe added two new over-the-counter (OTC) European natural gas forward contracts for clearing: the United Kingdom (UK) National Balancing Point (NBP) Natural Gas Physically Delivered Forward contract and the Netherlands (NL) Title Transfer Facility (TTF) Natural Gas Physically Delivered Forward contract. These contracts will be listed for clearing on CME ClearPort and will be subject to the rules of CME Clearing Europe, CME Group's European clearing house. The contracts will launch on February 25, 2013 subject to approval by the Financial Services Authority (FSA).

View Press Release in full here (links externally to CMEGroup website).