NBP

ICE Reports Record Open Interest Across its Global Natural Gas Markets with Record Trading Activity in Natural Gas Options

Retrieved on: 
Thursday, April 11, 2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record open interest (OI) across its global natural gas futures and options markets as well as record trading activity in global natural gas options.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record open interest (OI) across its global natural gas futures and options markets as well as record trading activity in global natural gas options.
  • On March 22, 2024, ICE’s global natural gas futures and options hit record OI of 40.2 million contracts, up 29% year-over-year (y/y).
  • Meanwhile, ICE’s U.S. financial gas markets hit record OI of over 11 million futures and options contracts on April 1, 2024.
  • ICE’s global natural gas portfolio is one part of its global energy markets which are the most liquid in the world to trade energy derivatives.

ICE Reports Record Liquidity Across its Global Natural Gas Futures Markets with Record Open Interest in Henry Hub Futures

Retrieved on: 
Wednesday, December 20, 2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record liquidity across its global natural gas futures markets, including record open interest in ICE’s Henry Hub natural gas futures market.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record liquidity across its global natural gas futures markets, including record open interest in ICE’s Henry Hub natural gas futures market.
  • On December 18, 2023, ICE reached record open interest of 20.2 million across its global natural gas futures markets.
  • This includes record open interest of 17.9 million across North American natural gas futures and record open interest of 7.6 million in ICE’s Henry Hub natural gas futures market, surpassing the record last set in ICE Henry Hub on April 24, 2013.
  • “Customers are increasingly recognizing the meaningful margin offsets available when trading and clearing their global natural gas and wider energy exposure at ICE, helping build a momentum of liquidity and capital efficient trading.”
    ICE offers the broadest range of benchmarks to support natural gas markets, including ICE’s global natural gas benchmark TTF and supporting TTF 1st line contract, the U.S. natural gas benchmark Henry Hub, the Canadian natural gas benchmark AECO, ICE’s U.K. natural gas benchmark NBP, and ICE JKM LNG (Platts), the benchmark price for natural gas for North-East Asia.

Five Pakistani commercial banks score low on policy commitments to climate change, human rights, gender equality, tax and labour rights, among others

Retrieved on: 
Thursday, December 14, 2023

ISLAMABAD, Dec. 14, 2023 /PRNewswire/ -- Policy rankings of five commercial banks in Pakistan show disclosure gaps and low policy commitments on climate change, human rights, gender equality, and labour rights., while none disclose policies on nature and tax when lending money to companies.

Key Points: 
  • ISLAMABAD, Dec. 14, 2023 /PRNewswire/ -- Policy rankings of five commercial banks in Pakistan show disclosure gaps and low policy commitments on climate change, human rights, gender equality, and labour rights., while none disclose policies on nature and tax when lending money to companies.
  • Fair Finance Pakistan (FFP) has launched its first ever policy rankings of five leading commercial banks in Pakistan with the support of Lahore University of Management Sciences (LUMS) and Profundo.
  • All five banks scored less than 1 out of 10 in human rights and labour rights policy ratings.
  • None of the banks disclosed human rights policies related to their investment or financing, neither have they formulated public labor rights expectations for their clients and investee companies.

Five Pakistani commercial banks score low on policy commitments to climate change, human rights, gender equality, tax and labour rights, among others

Retrieved on: 
Thursday, December 14, 2023

ISLAMABAD, Dec. 13, 2023 /PRNewswire/ -- Policy rankings of five commercial banks in Pakistan show disclosure gaps and low policy commitments on climate change, human rights, gender equality, and labour rights., while none disclose policies on nature and tax when lending money to companies.

Key Points: 
  • ISLAMABAD, Dec. 13, 2023 /PRNewswire/ -- Policy rankings of five commercial banks in Pakistan show disclosure gaps and low policy commitments on climate change, human rights, gender equality, and labour rights., while none disclose policies on nature and tax when lending money to companies.
  • Fair Finance Pakistan (FFP) has launched its first ever policy rankings of five leading commercial banks in Pakistan with the support of Lahore University of Management Sciences (LUMS) and Profundo.
  • All five banks scored less than 1 out of 10 in human rights and labour rights policy ratings.
  • None of the banks disclosed human rights policies related to their investment or financing, neither have they formulated public labor rights expectations for their clients and investee companies.

National Braille Press Hosts "A Million Laughs for Literacy: Braille All Stars" Gala at Fenway Park

Retrieved on: 
Wednesday, November 8, 2023

BOSTON, Nov. 8, 2023 /PRNewswire-PRWeb/ -- National Braille Press (NBP) will host the annual "Million Laughs for Literacy: Braille All Stars" gala on Friday, November 17, 2023, at 6pm, at The 521 Overlook at Fenway Park in Boston. Comedian Pat McGann is the special entertainment and the Braille All-Stars will be featured during the speaking program talking about how braille has impacted their lives.

Key Points: 
  • The annual "Million Laughs for Literacy: Braille All Stars" gala will be held on 11/17/2023 at Fenway Park in Boston.
  • BOSTON, Nov. 8, 2023 /PRNewswire-PRWeb/ -- National Braille Press (NBP) will host the annual "Million Laughs for Literacy: Braille All Stars" gala on Friday, November 17, 2023, at 6pm, at The 521 Overlook at Fenway Park in Boston.
  • "Braille literacy will be front and center at our annual gala as we will hear from our Braille All-Stars and Future All-Stars who have been using braille all their lives," said Brian Mac Donald, President, National Braille Press.
  • Tickets to "A Million Laughs for Literacy: Braille All-Stars" Gala can be purchased here or donate here .

ICE Expands Global Energy Portfolio With the Launch of TTF Natural Gas Calendar Spread Options

Retrieved on: 
Monday, October 30, 2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the broadest range of benchmarks to support the liberalization of natural gas, today announced plans to launch TTF Natural Gas Calendar Spread Options (CSO) on December 11, 2023, subject to regulatory approval.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the broadest range of benchmarks to support the liberalization of natural gas, today announced plans to launch TTF Natural Gas Calendar Spread Options (CSO) on December 11, 2023, subject to regulatory approval.
  • TTF is the global benchmark for natural gas and TTF CSOs allow market participants to take a position on the expected price differentials between TTF natural gas futures with different delivery months.
  • ICE expects to list TTF CSOs for a range of delivery months, including 1-month to 6-month and 12-month contracts.
  • In ICE TTF options, OI is up 84% at 1.3 million contracts.

ICE Announces Record Third Quarter in TTF Natural Gas

Retrieved on: 
Thursday, October 5, 2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the broadest range of benchmarks to support the liberalization of natural gas, today announced a record third quarter for TTF with a record 18.7 million TTF futures and options traded, equivalent to 13,598 Terawatt hours.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the broadest range of benchmarks to support the liberalization of natural gas, today announced a record third quarter for TTF with a record 18.7 million TTF futures and options traded, equivalent to 13,598 Terawatt hours.
  • TTF also hit record average daily volume (ADV) during the third quarter of 296,782 across futures and options, with ADV up 101% year-over-year (y/y).
  • “As the global benchmark for natural gas, ICE TTF sends price signals which customers use to manage their natural gas price exposure, as well as pricing the flow of natural gas in Europe and the impact of competition with Asia for LNG,” said Gordon Bennett, Managing Director of Utility Markets at ICE.
  • Open interest across ICE’s global natural gas portfolio, which includes ICE’s Henry Hub, TTF and TTF 1st line, AECO, NBP, and ICE JKM LNG (Platts) markets, is up 13% y/y at 30.2 million contracts.

ICE Reaches Record Open Interest Across Global Energy Markets

Retrieved on: 
Thursday, June 29, 2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest (OI) across its global energy futures and options markets of 50.4 million contracts on June 23, 2023, up 11% year-over-year (y/y).

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest (OI) across its global energy futures and options markets of 50.4 million contracts on June 23, 2023, up 11% year-over-year (y/y).
  • Across ICE’s global oil markets, OI is up 13% y/y at 12.2 million, with OI in Brent futures and options up 14% y/y at 5.1 million.
  • ICE’s global energy options market is performing strongly, with OI up 18% at 17.8 million.
  • “We are seeing our customers take advantage of the liquid energy benchmarks ICE offers, particularly in times of market uncertainty and change,” said Jeff Barbuto, Global Head of Oil Markets at ICE.

National Braille Press Announces Touch of Genius Prize Winner Paige Connect

Retrieved on: 
Thursday, June 22, 2023

BOSTON, June 22, 2023 /PRNewswire-PRWeb/ -- National Braille Press (NBP) announced today that the 2023 winner of the Louis Braille Touch of Genius Prize for Innovation is Gregory Hargraves who, along with the Paige team, created Paige Connect. The Touch of Genius Prize competition attracts ideas from inventors around the globe who seek to improve the lives of people who are blind and have low-vision. The winner of the competition receives $10,000.

Key Points: 
  • BOSTON, June 22, 2023 /PRNewswire-PRWeb/ -- National Braille Press (NBP) announced today that the 2023 winner of the Louis Braille Touch of Genius Prize for Innovation is Gregory Hargraves who, along with the Paige team, created Paige Connect .
  • The Touch of Genius Prize competition attracts ideas from inventors around the globe who seek to improve the lives of people who are blind and have low-vision.
  • Paige Connect was invented by Hargraves alongside four other recent engineering graduates from Imperial College London (Carolina Gomes, Nina Rimsky, Sergio Gosalvez, Nina Moutonnet).
  • The Touch of Genius Prize attracts innovators from around the world in the fields of education, technology, engineering, graphics, and literacy.

ICE Announces Record Traded Volumes in TTF Natural Gas

Retrieved on: 
Tuesday, June 6, 2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record number of TTF natural gas futures and options traded during May 2023 as the market manages natural gas price risk exposure.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record number of TTF natural gas futures and options traded during May 2023 as the market manages natural gas price risk exposure.
  • A record 5.7 million TTF futures and options traded during May, equivalent to a record 4,158 Terawatt hours.
  • The TTF futures market sends price signals which market participants rely upon to manage their global natural gas price exposure, as well as pricing the flow of natural gas in Europe,” said Gordon Bennett, Managing Director of Utility Markets at ICE.
  • ICE offers the broadest range of benchmarks to support the liberalization of natural gas markets, including U.S. natural gas benchmark Henry Hub, European natural gas benchmark TTF and TTF 1st line future, Canadian natural gas benchmark AECO, UK natural gas benchmark NBP, and ICE JKM LNG (Platts) the benchmark price for natural gas for North-East Asia.