CME Group, Kpler to Provide LNG Cargo Traders Access to Global Natural Gas Benchmark Futures and Options

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Nov 04, 2019, 09:00 ET

CHICAGO and LONDON, Nov. 4, 2019 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, and Kpler, the widely used provider of transparency solutions to commodity markets, today announced that Kpler users will now have access to CME Group's LNG and natural gas futures and options products on CME Globex.

Beginning November 4, 2019, the more than 1,000 LNG professionals using Kpler to track fleets of LNG cargoes, monitor trades and follow market trends will be able to directly trade the world's leading natural gas benchmarks, including the company's new Gulf Coast LNG Export futures contract. CME Group's global benchmark Henry Hub Natural Gas futures and options will also be accessible to Kpler users.

"We are pleased to work with Kpler to ensure the world's largest traders of physical LNG cargoes have access to these important global natural gas benchmarks, particularly as export capacity in the United States continues to grow in response to demand for LNG from Asia and Europe," said Peter Keavey, CME Group global head of energy. "Along with our Henry Hub global gas benchmark, greater access to our new LNG futures contract will help the gas industry and its end users to better manage their price risk around the globe nearly 24 hours per day."

"Kpler is progressively becoming a comprehensive information terminal giving LNG professionals the transparency tools they desire in the context of increasing market liquidity," said François Cazor, CEO of Kpler. "In this perspective, we are glad our users can directly access CME Group's physically delivered LNG export futures contract through Kpler."

CME Group's Gulf Coast LNG Export futures launched on October 14, 2019 and are listed with and subject to the rules and regulations of NYMEX. For more information, please visit www.cmegroup.com/LNG.

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana, Inc., respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.

About Kpler

Kpler is the leading provider of real time transparency solutions in commodity markets. Since 2014, Kpler has pioneered using the possibilities of data technologies to the benefit of commodity markets. Its clients span from world-leading trading houses, industrial and shipping companies, as well as financial institutions. By providing commodity professionals with full transparency over commodity movements, Kpler enables them to discover hidden patterns, drive new opportunities and make better-informed decisions for their businesses. Kpler has offices in Houston, New York, London, Paris, Dubai and Singapore. www.kpler.com

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SOURCE CME Group