ASX has launched the Wallumbilla natural gas futures and the New Zealand natural gas futures.  The new futures should provide benchmark prices and greater transparency, and should also increase competition while meeting the risk management needs of Australian energy participants.

ASX and the Australian Energy Market Operator have launched the Wallumbilla natural gas futures, which comprises 2 contracts:

  • Wallumbilla Natural Gas Calendar Quarter Futures; and
  • Wallumbilla Natural Gas Calendar Monthly Futures.

ASX and Transpower’s emsTradepoint have also launched the New Zealand gas futures, which comprises 2 contracts:

  • New Zealand Natural Gas Calendar Quarter Futures; and
  • New Zealand Natural Gas Calendar Month Futures.

Both futures were launched on 7 April 2015.

For details of the contracts, see ASX Notice 0187.15.03 and for details of the amendments to ASX 24 Operating Rules to support the new contracts, see ASX Notice 0270.15.03.

See also media release in relation to the Wallumbilla natural gas futures dated 31 March 2015 and media release in relation to the ASX New Zealand gas futures dated 7 April 2015.