To further exploit its gas know-how and trading infrastructure, DXT Commodities North America started in 2015 to trade actively on the Henry Hub, reaching 580 billion cubic feet of gas in 2018. DXT Commodities North America identifies opportunities in the market and forecasts fundamental shifts in real time. We incorporate disciplined risk-management techniques, and search for creative and innovative approaches to finding and generating value in the North American gas market. In early 2020 DXT Commodities North America will start operating in the US physical gas business by acquiring transportation and storage rights in order to source gas from producers and deliver to wholesalers.

In parallel to our gas business, DXT Commodities North America started to trade a wide range of financial power contracts at PJM. In 2018, we have successfully traded 15 TWh of financial power instruments in the US. Leveraging our extensive power expertise, we focus on identifying value through proprietary strategies that incorporate our fundamental and technical views of the North American power markets. Starting from December 2019, DXT Commodities North America will deliver physical power to utilities in the Northeastern area (load serving): this will provide a further opportunity to expand the overall power portfolio in the USA.