ICE threatens TTF exit in response to EU price cap
Hastily implementing a gas price ceiling in the EU could undermine the market, warns the US-based exchange.
BY LOUISE WENDT JENSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN
US-based Intercontinental Exchange (ICE) is threatening to withdraw from Europe’s main natural gas market, the Dutch-hosted Title Transfer Facility, if the union rushes to apply what the EU Commission calls a market correction mechanism, reports Financial Times.
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