Endex launches forward contracts on TTFGroningen | press release
A new milestone was reached in the development of the Dutch gas market on Friday 31 March. ENDEX, an energy exchange based in Amsterdam, launched a gas forward contract on the Title Transfer Facility (TTF) - GTS' virtual trading platform. Since the start of TTF in 2003 its liquidity has increased significantly. The number of participants offering services on the basis of TTF has increased also, including the Amsterdam based gas exchange APX Gas NL, that is engaged in day-ahead trading online since the beginning of 2005. With the introduction of the gas forward contract an additional form of futures trading has entered TTF. For TTF this means another step towards maturity.