LONDON – The Intercontinental Exchange said it will assess whether it can continue to operate fair and orderly markets for TTF gas hub trading from the Netherlands after a European Union agreement on a gas price cap.
“We have consistently voiced our concerns about the destabilising impact a TTF price cap will have on the market and the risks it presents to financial stability,” the exchange said in a statement.
It said that the ICETTF markets will continue trading as normal while it carries out a review of the EU gas price cap.
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