Natural Gas Exchange
| Natural Gas Exchange | |
| Headquarters | Calgary, Canada |
|---|---|
| Website | www.ngx.com |
Natural Gas Exchange Inc. (NGX), headquartered in Calgary, Alberta, Canada, provides electronic trading, central counterparty clearing and data services to the North American natural gas and electricity markets. It is a wholly-owned subsidiary of TSX Group, which collectively manages all aspects of Canada’s senior and junior equity markets.
History[edit]
NGX began operations in February 1994.
In 2008, NGX and Intercontinental Exchange (ICE) launched an operational alliance where by NGX uses ICE's front-end trading technology and provides clearing services for ICE's U.S. physical gas products. NGX is wholly owned by TMX Group Inc., which collectively manages all aspects of Canada's senior and junior equity markets.
Products and Services[edit]
NGX provides electronic trading, central counterparty clearing and data services to the North American natural gas and electricity markets.
It has developed the AB-NIT ("AECO") hub into one of the most liquid spot and forward energy markets in North America.[1].
In 2008, NGX and Intercontinental Exchange (ICE) launched an operational alliance in which NGX uses ICE’s front end trading technology and provides clearing services for ICE’s US physical gas products.
Key People[edit]
- Peter Krenkel, president
References[edit]