CALGARY, June 10 /CNW/ - TMX Group Inc. today announced that Natural Gas
Exchange (NGX), a wholly-owned subsidiary of TMX Group that trades and clears
natural gas, crude oil and electricity contracts, has opened four new natural
gas clearing points in the United States. The new hubs include Socal CityGate,
NNG Ventura, ANR SE pool and Tennessee 800L.
"The addition of four new natural gas hubs to our existing U.S. locations
further enhances our overall goal of diversifying and expanding our presence
in the North American energy market," said Tom Kloet, CEO, TMX Group.
The four new points represent another step in expansion of the project
that began in 2008 and now totals 17 cleared physical gas hubs in the U.S. "We
are very excited to open four new locations and look forward to continuing to
meet market requirements for further expansion opportunities," said Peter
Krenkel, President, NGX.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy. Toronto
Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange,
Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies
provide trading markets, clearing facilities, data products and other services
to the global financial community. TMX Group is headquartered in Toronto with
offices in Montreal, Calgary and Vancouver. For more information about TMX
Group, visit our website at www.tmx.com.
For further information:
For further information: Carolyn Quick, Director, Corporate
Communications, TMX Group, (416) 947-4597, firstname.lastname@example.org