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