News Features

December 21, 2018

Looking Ahead, Paul Cusenza, Nodal Exchange

Risk Desk ©2018 by Scudder Publishing
Earlier this month we interviewed Nodal Exchange chief Paul Cusenza on the two latest additions to his growing suite of products. Nodal launched a basket of new environmental products, in addition to a first-ever market for trucking freight futures contracts.
Read More

December 05, 2018

Two new lines for Nodal Exchange

The Desk ©2018 by Scudder Publishing
November was a busy month for the DC-area digital exchange.  For one thing, we can’t describe Nodal as simply a power or energy exchange any longer, though energy remains its core market.
Read More

November 15, 2018

Spot market rate futures market in the works

CCJ ©2018
Trucking’s first futures market, enabling participants to hedge exposure to spot rate volatility, will be launched March 29, announced Craig Fuller, head of trucking data company FreightWaves.  He made the announcement jointly with Paul Cusenza, chairman and CEO of Nodal Exchange, which operates a futures exchange for electricity production.
Read More

November 14, 2018

MW18: Freight Futures will launch on the Nodal Exchange March 29

FreightWaves ©2018
At MarketWaves18 in Grapevine, Texas, FreightWaves executive editor John Kingston moderated a panel on freight futures that included Doug Waggoner, CEO of Echo Global Logistics, Paul Cusenza, CEO of Nodal Exchange, and Craig Fuller, FreightWaves CEO. The conversation focused on how shippers and carriers can mitigate price risk, the qualities of a successful futures exchange, and similarities and differences between trucking capacity and other commodities traded on futures exchanges.
Read More

November 14, 2018

Futures trading isn’t gambling, and leaving yourself exposed can be risky: DTN’s Susich

FreightWaves ©2018
Using futures to hedge your exposure to price movements isn’t gambling. Doing nothing…that’s taking a different kind of risk. That was the underlying message that J. Scott Susich, director of analytics and advisory services at DTN, gave to the audience at the first-ever public training program for the freight futures contract to be launched by FreightWaves on the Nodal Exchange March 29.
Read More

October 23, 2018

FreightWaves named FIA Innovator of the Year

FreightWaves ©2018
Forty five companies applied for a spot in the annual Innovators Pavilion at the FIA Futures & Options Expo, fifteen finalists were chosen, five were selected by a panel of judges to present at the at FIA Innovator of the Year pitch competition, but FreightWaves, Nodal Exchange's collaborator in introducing the world's first trucking freight futures contracts, came out on top.  Designed to encourage greater innovation in the derivatives industry, the FIA Innovator of the Year award acknowledges and elevates the fintech startup that’s changing the market—and the game.

Read More

October 05, 2018

Risk Vignettes: Paul Cusenza, CEO, Nodal Exchange

Risk Desk ©2018 by Scudder Publishing
We’ve known Paul Cusenza for many years. So we chatted a bit before getting into the interview part of the call. Talked about markets, politics, Summertime in DC and somehow got on the subject of trucking – as in, there aren’t enough truckers to go around, like anywhere.
Read More

July 16, 2018

Trucking passes the test for a viable futures market

FreightWaves ©2018
What makes a successful futures exchange? In the July 2018 issue of Energy Risk magazine, recently retired Icap Energy founder Paul Newman discussed his five tests for a successful derivatives market: “there must be a range of different reasons why firms come to the market; there must be a sufficient underlying spot market; there must be enough volatility; there must be a credible index; and it must be big enough.”  We believe that truckload transportation passes all five of Newman’s tests.
Read More

May 02, 2018

Nodal takes in enviro markets

The Desk ©2018 by Scudder Publishing
Since Nodal Exchange was acquired by the European Energy Exchange (EEX), part of Deutsche Borse Group, this time last year, the company has made all sorts of announcements. Nodal Exchange launched power options last year and also started up a whole new freight futures market for Q4 this year. At an earnings call in Q1, EEX officers discussed investments and initiatives in blockchain technology in an effort to bring its far-flung array of energy exchanges closer together, Nodal included. Last week, the firm announced that along with its beefy portfolio of power and gas contracts, Nodal will next launch a “broad suite of North American environmental contracts in the second half of 2018.”
Read More

March 01, 2018

Building a Powerhouse from Scratch

Hispanic Executive ©2018
Danny Gomez has always been a curious person passionate about finding innovative ways to improve the status quo.  He started his career at an oil and gas start-up, where he quickly realized that the entrepreneurial environment was a perfect fit for him, both personally and professionally.  It also made him well suited for working at Nodal Exchange LLC, where he is now senior director of energy markets.
Read More

February 01, 2018

Follow the Numbers

Hispanic Executive ©2018
At Myshel Guillory's high school, students were not expected to go to college.  They were expected to become secretaries, phone representatives, or mechanics.  But then, Guillory took an accounting class offered by her high school.  Today, Guillory is the chief financial officer and treasurer at Nodal Exchange, which provides price, credit, and liquidity risk management solutions in North American energy markets.
Read More