Intercontinental Exchange reports record open interest in TTF options

Intercontinental Exchange, Inc. (ICE) announced that open interest (OI) across its TTF options reached a record of over 3 million contracts on October 23, 2026, representing a 33% increase year-over-year. On the same day, combined ICE TTF futures and options reached a record open interest of more than 5.9 million contracts, a 16% increase compared to the previous year.

TTF futures serve as the global benchmark for natural gas. The increase in interest reflects the growing connectivity of global natural gas markets, where shifts in supply or demand—such as Middle East LNG exports, European storage levels, and cargo flows between Europe and Asia—impact global pricing. ICE provides a range of contracts spanning from daily expiries to seasonal and calendar spreads, allowing participants to hedge price risks across various timeframes.