Press Releases
November 03, 2014
Nodal Exchange forms Nodal Clear
Nodal Exchange, LLC (Nodal Exchange) announced today that it has formed a wholly owned subsidiary, Nodal Clear™, which will soon submit an application to the U.S. Commodity Futures Trading Commission (CFTC) to be registered as a derivatives clearing organization (DCO). Read More
October 15, 2014
Nodal Exchange Shortlisted for Two Prestigious Industry Awards
Nodal Exchange, LLC has been shortlisted for two industry awards: the FOW International Awards 2014 “Exchange of the Year – US and Canada” and the Commodity Business Awards 2014 global “Exchange of the Year.”
“Nodal Exchange is very honored to be shortlisted for these prestigious industry awards,” said Paul Cusenza, Chairman and Chief Executive Officer of Nodal Exchange. “Nodal Exchange has grown significantly and has obtained a market share of about 25% of all cleared North American power futures contracts open interest. Our exceptional growth has been made possible thanks to the tremendous efforts and dedication of the employees of Nodal Exchange and the many constituents that help make Nodal Exchange a thriving marketplace. We are very pleased to be recognized for these achievements.” Read More
April 29, 2014
Nodal Exchange Announces Launch of New Power Futures Contracts in MISO South
Nodal Exchange, LLC has introduced 18 new power futures contracts covering 3 hub locations in MISO South. These contracts, for MISO’s new Arkansas, Louisiana, and Texas hubs, are available for trading today. Nodal Exchange is the first exchange to offer cleared power futures contracts for MISO South locations. Read More