HOUSTON, Feb. 22, 2012 /CNW/ - Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group Inc., today announced that it has added three new natural gas hubs in the United States.
Physical clearing is now offered at the Ruby Malin, Transco Station 30 and TETCO M1-30 trading points.
Ruby Malin is located on the California/Oregon border and is on the Ruby Pipeline, which runs through Wyoming, Utah, Nevada and Oregon. Transco Station 30 is located in south central Texas and is on the Transcontinental Gas Pipeline. TETCO M1-30 is located in Mississippi and Alabama and is positioned on the Texas Eastern Transmission pipeline.
"We're extremely pleased to once again expand our U.S. presence," said Peter Krenkel, President and CEO, NGX. "The addition of three new venues provides our clients with increased access to our clearing services."
Since 2008, NGX has steadily increased the number of hubs featuring physical clearing and it is now offered at 43 U.S. locations.
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, TMX Select, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, 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 and Beijing. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
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