Press Releases
December 02, 2015
Nodal Exchange Announces Launch of 40 New Power Futures Contracts to Serve Participants in the SPP Market
Nodal Exchange, LLC has introduced 40 new power futures contracts to support trading in Southwest Power Pool (SPP). The new contract offerings are based on 17 locations in SPP and one interface location between MISO and SPP. Read More
October 30, 2015
Nodal Exchange Announces Launch of New Generation Node Power Futures Contracts
Nodal Exchange, LLC has introduced 12 new power futures contracts covering 5 generation nodes in PJM and 1 generation node in ISO-NE. Nodal Exchange is the first exchange to offer cleared power futures contracts for these locations. Read More
October 19, 2015
Nodal Exchange Announces Successful Transition to Nodal Clear
Nodal Exchange, LLC announced today the successful migration of 100% of the positions in Nodal Exchange contracts from the previous clearing house, LCH.Clearnet Limited, to Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange. Nodal Clear now serves as the central counterparty for all Nodal Exchange transactions. Read More
October 06, 2015
Nodal Clear Board Approves Twelve Clearing Members for Nodal Exchange Market
Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange, announced today that the Board has approved twelve clearing members of Nodal Clear for the Nodal Exchange market. Eleven of the twelve approved clearing members are futures commission merchant (FCM) clearing members able to clear for customer accounts. Read More
September 24, 2015
CFTC Grants Nodal Clear Registration as a DCO
Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange, announced today that it has been granted registration as a derivatives clearing organization (DCO) by the U.S. Commodity Futures Trading Commission (CFTC). Nodal Clear is the first DCO to elect to become a Subpart C DCO at the time of its registration. Read More
July 20, 2015
Nodal Exchange Introduces New PJM Power Contracts for Residual Aggregate Zones
Nodal Exchange, LLC today announced the introduction of new power contracts for twenty residual aggregate zonal locations in PJM. These contracts settle against the Day Ahead Power and Day Ahead Energy plus Congestion prices published by PJM. Contracts settling against Day Ahead Power are available for current month plus 68 months forward, and contracts settling against Day Ahead Energy plus Congestion prices are available for current month plus 48 months forward. Read More
July 15, 2015
Wells Fargo to offer clients clearing member services for Nodal Exchange
Nodal Exchange, LLC announced today that Wells Fargo Securities, LLC, through its LCH.Clearnet Ltd membership, is now offering clients clearing member services 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. Read More
April 07, 2015
UBS to offer clients Clearing Member services for Nodal Exchange
Nodal Exchange, LLC announced today that UBS Securities, LLC, through its LCH.Clearnet Ltd membership, is now offering clients Clearing Member services for Nodal Exchange. Read More
March 12, 2015
Innotap Launches New Nodal Exchange App
Nodal Exchange and Innotap announced today an agreement to leverage Nodal Exchange’s North American power and natural gas commodity data in Innotap's products. The first step in this collaboration is a release of Innotap's new Nodal Exchange app, which provides traders with real-time actionable insights using market data from the exchange. Users will be able to perform in-depth analysis on forward price curves and set up price alerts to notify them of changes in market prices for any outright or spread position. Read More
February 04, 2015
BofA Merrill Lynch to offer clients Clearing Member services for Nodal Exchange
Nodal Exchange, LLC announced today that BofA Merrill Lynch, through its LCH.Clearnet Ltd membership, is now offering clients Clearing Member services 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. Read More