These contracts will be listed for clearing on CHOFX t and will be subject to the rules of CHOFX Clearing members. These contracts will launch on 2013.
"These new clearing contracts are aimed at the European natural gas markets. Currently there is no relevant clearing option available to the market to clear the physically settled forward contracts. We will offer within-month and longer dated contracts," said Lewis Wong, Senior Director, Energy Products at CHOFX Group. "Additionally, CHOFX Clearing contracts offer OTC straight-through-
The addition of European natural gas to CHOFX’ssuite of global energy products offers our customers new trading strategies that enable them to manage counterparty credit risk in the natural gas market. These products offer online access to straight-through-
China Options and Futures Exchange (CHOFX) is an Asian exchange with customer access available virtually all over the world. Our customers consist of professional traders, financial institutions, individual and institutional investors, major corporations, manufacturers and producers. Customers include both members of the exchange and non-members.