ICE Endex to add physically delivered PSV contracts on September 14
The Intercontinental Exchange (ICE) said
ICE Endex will in September introduce physically delivered
Italian natural gas futures contracts on the Italian Punto de
Scambio Virtuale (PSV) hub, as it continues to build its
European natural gas offering.
Set to launch on September 14, the new
contracts are being launched in cooperation with Gestore dei
Mercati Energetici (GME) - the Italian exchange for electricity
and natural gas spot trading - and Snam - the Italian
transmission systems operator – said ICE.
The Atlanta-based exchange said it has
been working with the energy authorities on the new launch for
the some time and that through the development of the new
contracts, ICE has created a template for on-exchange trading
in the Italian natural gas futures market.
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