Exchange founder and CEO Paul Cusenza is about to finish out his firm’s best year yet. And if gas and power prices -- and volatility – continue to rise as expected, 2017 should be even stronger.
After a record number of entries for the FOW International Awards 2016, the shortlist has been released. The winners will be unveiled at a Gala Dinner in London on 7 December. Nodal Exchange has been shortlisted for Exchange of the Year – US and Canada.
Nodal Exchange, the Virginia-based electricity futures exchange, took a big step forward last year when its new clearing house, Nodal Clear, went live after months – if not years – of preparation.
The transition from LCH-Clearnet to its own in-house clearinghouse has been smooth, says Nodal Exchange founder and CEO Paul Cusenza, and recent growth has been impressive. Really impressive. He says we can expect all sorts of new developments at the company this year, including options and commodity futures other than power.
The US-based exchange launched in October its clearing house Nodal Clear. US-based energy market the Nodal Exchange plans to launch its first power and natural gas options contracts in the third quarter of this year, chief executive Paul Cusenza told FOW.
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