CALGARY, May 15, 2013 /CNW/ - Natural Gas Exchange Inc. (NGX), a
wholly-owned subsidiary of TMX Group, today announced that it has added
three new natural gas clearing locations in the United States.
Physical clearing is now being offered at Cheyenne, Wyoming, TETCO M3,
and Transco Zone 6 NY. NGX now offers products and clearing services at
69 natural gas, crude oil and power locations in North America,
including 47 locations in the U.S.
"NGX is committed to further expanding our U.S. presence," said Jim
Oosterbaan, President and CEO, NGX. "We're proud to have successfully
launched the new locations to meet our clients' clearing needs."
In April 2013, NGX announced that its application to become registered
as a foreign board of trade received approval from the U.S. Commodity
Futures Trading Commission. For more information on the FBOT status as
well as the NGX clearing locations, please visit www.ngx.com.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and
clearinghouses for multiple asset classes including equities, fixed
income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX
Select, Alpha Group, The Canadian Depository for Securities, Montreal
Exchange, Canadian Derivatives Clearing Corporation, Natural Gas
Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers,
Equicom and other TMX Group companies provide listing markets, trading
markets, clearing facilities, depository services, data products and
other services to the global financial community. TMX Group is
headquartered in Toronto and operates offices across Canada (Montreal,
Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston
and Chicago) as well as in London, Beijing and Sydney. For more
information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
SOURCE: TMX Group Inc.
For further information:
Director, Communications and Public Affairs