Press Releases

December 16, 2013

Nodal Exchange Wins a 2013 Platts Global Energy Award

Nodal Exchange won the 2013 Platts Global Energy Award for “Rising Star Company” at the 2013 Platts Global Energy Awards held in New York City on December 12th. Now in its 15th year, the Platts Global Energy Awards program honors exemplary achievement in the energy industry, recognizing corporate and individual performance, innovation and entrepreneurship. In the Strategic Vision Awards category, the Rising Star Company recognizes the achievements of either a startup business or an existing business that has moved into a brand new field. Nodal Exchange was selected to win this award from among eleven other highly qualified finalists in the global energy industry. Read More

October 22, 2013

Nodal Exchange Short Listed for Three Prestigious Industry Awards

Nodal Exchange, LLC has been shortlisted or selected as a finalist for three industry awards: the FOW International Awards 2013 “Exchange of the Year – US and Canada” (shortlist); the Commodity Business Awards 2013 “Exchange of the Year” (shortlist); and the Platts 2013 Global Energy Awards “Rising Star Company” (finalist). “Nodal Exchange is very honored to be a finalist for these prestigious industry awards,” said Paul Cusenza, Chairman and Chief Executive Officer of Nodal Exchange. Read More

September 27, 2013

Nodal Exchange Receives CFTC Approval to Register as a Designated Contract Market

Nodal Exchange, LLC (Nodal Exchange) announced today that the U.S. Commodity Futures Trading Commission (CFTC) has approved its application to be registered as a Designated Contract Market (DCM). The application was filed on October 11, 2012. Nodal Exchange will begin operation as a DCM effective on September 30, 2013. Read More

May 15, 2013

Nodal Exchange Named “Exchange of the Year” at Energy Risk Awards 2013

Nodal Exchange has been named “Exchange of the Year” by Energy Risk magazine at The Energy Risk Awards 2013. Energy Risk Awards recognize excellence in the energy risk management marketplace and honor those demonstrating best practice. Read More

April 30, 2013

BNP Paribas to offer Clearing Member services for Nodal Exchange

Nodal Exchange, LLC and BNP Paribas announced today that BNP Paribas Commodity Futures Limited, through its LCH.Clearnet membership, has become a Clearing Member for Nodal Exchange. Since Nodal Exchange’s launch in April 2009, it has become a significant part of the North American power market. Providing the most granular and diverse set of locations for trading of cleared power contracts in North America, Nodal Exchange has shown strong growth, more than doubling its trading volume in first quarter 2013 from first quarter 2012. As of March 31st, 2013, Nodal Exchange has reached a market share of over 21% of all cleared North American power futures contracts, measured by volume of open interest. Read More