Liquidity at the virtual trading point (VTP) is showing a stable upward trend. For the third time in a row, the VTP registered an average churn rate of over three during the last three months. The churn rate describes the ratio between physical transfers and traded volumes at the VTP and is therefore an indicator of trading activity and liquidity within the market area. Thus a churn rate of three indicates that every gas volume traded via NCG's VTP has three different owners before it reaches the consumer.
This rise points to a further upward trend. The development is all the more pleasing as trading at NCG's VTP is staying at a high level. One would have expected trading activities to decrease during the summer months.
Torsten Frank and Klaus Parringer, Managing Directors of NetConnect Germany: "Two years after its establishment, NCG's VTP can look back on a gratifying development. On the basis of this development and its geographical position, NCG's VTP has great potential for becoming a central hub among European trading hubs."
This rise points to a further upward trend. The development is all the more pleasing as trading at NCG's VTP is staying at a high level. One would have expected trading activities to decrease during the summer months.
Torsten Frank and Klaus Parringer, Managing Directors of NetConnect Germany: "Two years after its establishment, NCG's VTP can look back on a gratifying development. On the basis of this development and its geographical position, NCG's VTP has great potential for becoming a central hub among European trading hubs."
