This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

IntercontinentalExchange Completes Successful Transition Of ICE Endex Dutch And Belgian Spot Markets To The ICE Trading Platform

Stocks in this article: ICE

IntercontinentalExchange Group (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced that it has completed the transition of the ICE Endex Dutch and Belgian natural gas spot markets and the Dutch gas storage market to the ICE trading platform.

The transition for the ICE Endex Dutch Title Transfer Facility (TTF) and Belgian Zeebrugge Trading P oint (ZTP) spot markets was successfully completed yesterday, April 29, 2014 and involved 50 trading members. The clearing, settlement and nominations services will continue to be provided by APX Group.

ICE Endex operates the natural gas spot markets in Belgium, the Netherlands and the United Kingdom as well as the natural gas storage markets in the Netherlands and the United Kingdom. Following the migration, spot contracts for delivery at the TTF and the ZTP are now available for trading on ICE's front end trading system, WebICE, alongside ICE's portfolio of more than 800 energy contracts. Enhanced platform functionality includes the integration of independent software vendors and TTF-ZTP implied spread market trading capability.

David Peniket, President and Chief Operating Officer, ICE Futures Europe said: “The successful transition of the TTF and ZTP spot markets to the ICE trading platform is a significant milestone for our European infrastructure in serving 24/7 markets. By extending our widely distributed, high performance platform, ICE is committed to providing the sophisticated trading infrastructure required to serve our customers in specialised markets.”

Pieter Schuurs, President, ICE Endex said: "I would like to thank our customers for contributing to the smooth transition of the TTF and ZTP spot markets. We’re confident that the transition to ICE’s state-of-the-art trading infrastructure will improve our customers’ trading experience as well as consolidate ICE’s position as Europe’s leading energy exchange.”

In October 2013, ICE successfully completed the trading and clearing transition for the ICE Endex futures markets to the ICE platform and ICE Clear Europe, which involved 123 trading firms and 15 clearing member firms with approximately 466,983 contract sides and €90 million margin being transferred to ICE Clear Europe. In the six months after the migration to the ICE platform, average daily volume for the ICE Endex futures markets increased by 49.8%, compared to the average daily volume in the six months before the migration.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs