NODAL PRESS RELEASES

March 3, 2017 - EEX set to acquire 100% ownership of US Nodal Exchange

The European Energy Exchange (EEX) and the owners of US-based Nodal Exchange Holdings, LLC have reached an agreement under which EEX will acquire 100% of the equity in Nodal Exchange for a low triple digit million US-Dollar investment. As a result, Nodal Exchange will become part of EEX Group.

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January 26, 2017 - Nodal Clear Awarded “Clearing House Innovation of the Year” at the Risk Awards 2017

Nodal Clear, LLC, the clearing house subsidiary of Nodal Exchange, has been awarded “Clearing House Innovation of the Year” by Risk magazine at the Risk Awards 2017. The Risk Awards recognize the work of firms and individuals in the derivatives markets and risk management across the globe.

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January 6, 2017 - Nodal Exchange Announces Launch of Mid-Columbia Power Futures Contracts

Nodal Exchange, LLC has introduced two new power futures contracts based on the trading hub, Mid-Columbia, in the Northwest Power Pool (NWPP).  READ MORE

May 18, 2016 - Nodal Clear Named “Newcomer of the Year” at Energy Risk Awards 2016

Nodal Clear, LLC, the clearing house subsidiary of Nodal Exchange, has been named “Newcomer of the Year” by Energy Risk magazine at The Energy Risk Awards 2016. Energy Risk Awards recognize excellence across global energy and commodities markets.READ MORE

December 2, 2015 - Nodal Exchange Announces Launch of 40 New Power Futures Contracts to Serve Participants in the SPP Market

Nodal Exchange, LLC has introduced 40 new power futures contracts to support trading in Southwest Power Pool (SPP). The new contract offerings are based on 17 locations in SPP and one interface location between MISO and SPP. READ MORE

October 30, 2015 - Nodal Exchange Announces Launch of New Generation Node Power Futures Contracts

Nodal Exchange, LLC has introduced 12 new power futures contracts covering 5 generation nodes in PJM and 1 generation node in ISO-NE. Nodal Exchange is the first exchange to offer cleared power futures contracts for these locations.  READ MORE

October 19, 2015 - Nodal Exchange Announces Successful Transition to Nodal Clear

Nodal Exchange, LLC announced today the successful migration of 100% of the positions in Nodal Exchange contracts from the previous clearing house, LCH.Clearnet Limited, to Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange. Nodal Clear now serves as the central counterparty for all Nodal Exchange transactions.READ MORE

October 6, 2015 - Nodal Clear Board Approves Twelve Clearing Members for Nodal Exchange Market

Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange, announced today that the Board has approved twelve clearing members of Nodal Clear for the Nodal Exchange market. Eleven of the twelve approved clearing members are futures commission merchant (FCM) clearing members able to clear for customer accounts.READ MORE

September 24, 2015 - CFTC Grants Nodal Clear Registration as a DCO

Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange, announced today that it has been granted registration as a derivatives clearing organization (DCO) by the U.S. Commodity Futures Trading Commission (CFTC). Nodal Clear is the first DCO to elect to become a Subpart C DCO at the time of its registration.READ MORE

July 20, 2015 - Nodal Exchange Introduces New PJM Power Contracts for Residual Aggregate Zones

Nodal Exchange, LLC today announced the introduction of new power contracts for twenty residual aggregate zonal locations in PJM. These contracts settle against the Day Ahead Power and Day Ahead Energy plus Congestion prices published by PJM. Contracts settling against Day Ahead Power are available for current month plus 68 months forward, and contracts settling against Day Ahead Energy plus Congestion prices are available for current month plus 48 months forward.READ MORE