ICE Endex has had a strong start to the year but the market is filling with credible opponents
ICE Endex is one of this years fastest growing
derivatives platforms as the energy trading venue continues to
flourish under the ownership of Intercontinental Exchange,
writes Jonathan Watkins.
Just before the landmark takeovers of NYSE Euronext and the
Singapore Mercantile Exchange, ICE acquired a majority stake in
Dutch energy exchange Endex in March 2013.
With ICE already owning the major energy trading venue in
Europe, Endex strengthened the groups position in natural
gas and power derivatives on the continent.
Now, nine months after switching the Endex business onto ICE
Futures Europe, trading activity has more than tripled on the
platform compared to the same period in 2013.
"The world before October 2013, when we moved our futures
markets across to the ICE platform, looked very
different," said Wouter De Klein, commercial director,
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