Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
European natural gas aggregate open interest has seen a gradual increase since December as prices have trended lower and assisted by falling ICE margin rates.
- ICE have cuts margin rates on European natural gas from 9 March to lowest since October 2021 as the volatility from 2022 subsides. The margin is a quarter of the peak in September last year to help ease the cost of trading.
- ICE TTF aggregate open interest has risen from a low of around 0.89m contracts in early December up to approximately 1.07m today. Despite the recovery open interest is still well below the peak of 2m in 2021 before the price surge and volatility of 2022.
- TTF historic 30 day volatility is down to 55% from around 106% at the start of February and 140% in September last year.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok