News Release
NGX opens four new U.S. natural gas hub locations
June 10, 2009 (CALGARY) - TMX Group Inc. today announced that Natural Gas Exchange (NGX), a wholly-owned subsidiary of TMX Group that trades and clears natural gas, crude oil and electricity contracts, has opened four new natural gas clearing points in the United States. The new hubs include Socal CityGate, NNG Ventura, ANR SE pool and Tennessee 800L.
"The addition of four new natural gas hubs to our existing U.S. locations further enhances our overall goal of diversifying and expanding our presence in the North American energy market," said Tom Kloet, CEO, TMX Group.
The four new points represent another step in expansion of the project that began in 2008 and now totals 17 cleared physical gas hubs in the U.S. "We are very excited to open four new locations and look forward to continuing to meet market requirements for further expansion opportunities," said Peter Krenkel, President, NGX.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto with offices in Montreal, Calgary and Vancouver. For more information about TMX Group, visit our website at www.tmx.com.
For more information please contact:
Carolyn Quick
Director, Corporate Communications
TMX Group
416-947-4597
carolyn.quick@tsx.com
