Between 18 May, 2020 and 29 May, 2020 NetConnect Germany GmbH & Co. KG (NCG) has opened a tender process for market-making services to be provided at its VTP for the second half of the year 2020.
After completion of the tender process NCG accepted the offers with the highest amount of transactions and informed the corresponding providers.
„Overall we are satisfied with the results of the tender. The amount of participants submitting bids is at a level comparable to the previous tender. As planned five offers of different suppliers were accepted. We hope that the liquidity in the futures and forward markets at the NCG VTP will be further improved“, said Torsten Frank, managing director of NCG.