Tuesday, 1 March 2016

Stocks Market Update - PLATTS JKM LNG SWAPS LIQUIDITY ON EXCHANGE HITS RECORD HIGH IN FEBRUARY (Stock Trading Signals)



Singapore (Platts)--2 Mar 2016 418 am EST/918 GMT

The Platts JKM swaps hit a record high in trade liquidity on the Intercontinental Exchange, or ICE, in February, as traders have sought to hedge short-term risk amid supply and price uncertainty in the Asian LNG spot markets.

A total of 830 lots of the JKM swaps changed hands and were cleared through ICE in February, or the equivalent of more than two and a half standard-size LNG cargoes, the largest quantity traded in a given month to date, data provided by ICE showed Tuesday.

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