About

The Spreadometer is an application developed for the gas trading desk that calculates historical market spreads from natural gas futures traded on the European market.

Available spreads

Native Spreads:

Spread	Description
Location	Directly traded spreads between European hubs and the TTF for the same delivery period.
Time	Directly traded time spreads within TTF across delivery periods.

Synthetic Spreads:

Spread	Description
Location	Between hubs not covered by native location spreads.
Time	Between delivery periods not covered by native time spreads.
Time-location	Combination of two native time spreads; a four-legged.

See the methodology chapter for more details.

Web application

A legacy web application is currently available for visualizing selected spreads.

The application can be accessed from: https://ngtt-spreadometer-curve.azurewebsites.net/

Note: As this is a legacy tool, users may notice that not all spreads are currently represented and that performance can vary due to how data is retrieved. The Whale Squad is aware of these limitations, and while there are currently no concrete plans for a replacement, improvements may be explored as priorities evolve.

Data

The native spreads are available at second, hourly, and daily granularity, while the synthetic spreads are available at hourly and daily levels. Outright prices are also available at second, hourly, and daily granularity.

For data access, please reach out to the Whale Squad.