The Title Transfer Facility, more commonly known as TTF, is a virtual trading point

Virtual trading point

Articles on Virtual trading point include:* National Balancing Point * Title Transfer Facility * Zeebrugge Hub...

 for natural gas

Natural gas

Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...

 in the Netherlands. Set up by Gasunie in 2003, it is almost identical to the National Balancing Point

National Balancing Point (UK)

The National Balancing Point, commonly referred to as the NBP, is a virtual trading location for the sale and purchase and exchange of UK natural gas...

 (NBP) in the United Kingdom and allows gas to be traded within the Dutch network. The TTF is operated by an independent subsidiary of Gasunie, Gas Transport Services B.V. Physical short-term gas and gas futures contracts are traded and handled by APX-ENDEX

APX-ENDEX

APX-ENDEX is an Anglo-Dutch energy exchange operating the spot and derivatives markets for electricity and natural gas in the Netherlands, the United Kingdom, and Belgium. Established in 1999, APX-ENDEX provides exchange trading, central clearing and settlement, and data distribution services as...

 .

Gas at TTF trades in euro

Euro

The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

s per megawatt hour.