Griffin Markets Limited launches additional European gas hubs – www.griffinmarkets.com

News: Griffin Markets Limited launches additional European gas hubs

May 13th, 2013

London, 13th May 2013 – Griffin Markets Limited (‘Griffin’) today added more European gas hubs to the NBP and TTF products currently traded through its platform.

Following demand from customers the following hubs have been launched:

  • Austrian VTP
  • Gaspool
  • NBP (in Euro/MWh)
  • NCG
  • Peg Nord
  • Peg Sud
  • Peg-TIGF
  • PSV
  • Zeebrugge (in pence/therm and Euro/MWh)

Initially, these hubs are available for bilateral trading plus OTC clearing through ICE Clear Europe where possible. OTC clearing through the exchanges of EEX and PowerNext will follow soon afterwards.
In accordance with Griffin’s fees schedules, as published on its website, these new products sit within the existing Griffin markets of either “UK Gas” or “Continental Gas” and the associated monthly fee caps by market apply. For example, all TTF, GasPool, NCG and other continental gas trades count towards the low monthly cap for Continental Gas. Further information can be found at:
http://www.griffinmarkets.com/benefit/transparent-fees
Please contact your Griffin account manager for further information