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ICE natgas swaps to fall under CFTC's ambit.

Publication: The Oil Daily
Publication Date: 28-JUL-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: ICE natgas swaps to fall under CFTC's ambit.(IntercontinentalExchange Inc.)(Commodity Futures Trading Commission)

Article Excerpt
The IntercontinentalExchange (ICE) said Monday it will submit its Henry Hub natural gas swaps to close supervision by the Commodity Futures Trading Commission (CFTC) as the regulatory agency seeks greater oversight of trading in over-the-counter (OTC) energy derivatives.

ICE said it will start providing "enhanced market statistics" for its cash-settled Henry Hub natural gas swap market to the CFTC immediately, while clearing firms will begin providing large trader data to the CFTC. This data will be incorporated in CFTC's weekly Commitment of Traders (COT) report.

In addition to its inclusion in the COT...

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