Derivatives contracts linked to renewable electricity and US state environmental
credits will play a key role in the clean energy revolution proposed by
US president-elect Joe Biden, according to the chief executive of Nodal,
part of Deutsche Boerse’s European Energy Exchange.
Shortlists for the FOW International Awards 2020 were announced. Nodal Exchange and Nodal Clear are shortlisted for Exchange of the year: Americas, and Clearinghouse of the Year: Americas. The winners will be announced on December 9th.
Nodal, part of Deutsche Boerse’s European Energy Exchange (EEX), will expand its
suite of derivatives based on US environmental markets such as carbon emission
allowances in the fourth quarter, the exchange’s chief executive has said.
Nodal Exchange hopes to migrate a second tranche of US natural gas futures
and options contracts from Nasdaq Futures’ (NFX) later this month, after
migrating the first tranche to its clearing house Nodal Clear.
Note to self: The world doesn’t actually begin and end with the latest DJIA misfire. All the news that’s fit to print isn’t actually all bad. There are actually good things happening out there, both market- and nonmarket- related, real positive vibes. We just need to be reminded of this more often than usual nowadays. Good example came to us earlier today when we rang up Paul Cusenza, CEO of the Nodal Exchange.
Trading software provider Trading Technologies International (TT) has entered a commercial agreement with Nodal Exchange, part of EEX Group, that will make the US derivatives exchange’s contracts available for trading through the TT platform.