Intercontinental Exchange announced how it intends to implement the European Union’s Market Correction Mechanism Regulation, or MCM Regulation, and related price cap on TTF natural gas derivatives, in time for entry into force of the regulation. ICE Endex, based in the Netherlands and operator of the world’s most liquid trading venue for TTF natural gas futures and options, plans to change its Rulebook to promote compliance with the MCM Regulation, effective February 15, subject to completion of relevant regulatory processes.
Published first on TheFly
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