News Features

Nodal Exchange CEO Paul Cusenza has been loosely holding two triggers for nearly two years: One is connected to a (proposed) SEF and the other is connected to the short end of a DCM.

Nodal Exchange is proposing to conduct independent thirdparty clearing for ISO New England’s financial transmission rights market, according to a white paper presented to ISO-NE’s Budget and Finance Subcommittee on Friday

Nodal ups ante with new power contracts. Tera, Nodal, Nadex, and Eris aren’t exactly household names, but they are headed to be the next generation of exchanges after all of the smoke from the Dodd-Frank regulation settles.

The Nodal Exchange began offering financial transmission rights-type contracts for 85 nodes in the PJM Interconnection on Thursday, Nodal Exchange CEO Paul Cusenza said Thursday

In 2009, Nodal Exchange, which offers granular locational contracts covering most of the hubs, zones, and generation nodes in the FTR markets, launched its services. Power basis trading in the cleared exchange markets started to rapidly grow as well.