Press Releases

February 06, 2020

Nodal Exchange Successfully Completes Migration of U.S. Power Open Interest from Nasdaq Futures, Inc.

Nodal Exchange announced today that it successfully completed the migration of the U.S. power futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchange’s clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFX’s futures and options exchange business. Read More

February 05, 2020

Nodal Exchange sets daily trading record in power futures as well as records in environmental contracts

On Tuesday, February 4, 2020, Nodal Exchange achieved a new daily trading record in power futures with a total volume of 42.0 million MWh. In addition, Nodal Exchange had record environmental futures trading in January 2020 with 17,058 lots traded. Nodal continues to expand its environmental offering, in collaboration with IncubEx, with the successful launch of the first physically delivered California Low Carbon Fuel Standard (LCFS) futures and options contracts on January 31, 2020: options on 10,000 LCFS credits have already traded on Nodal representing a notional value of about $2 million per side and 10,000 metric tons of CO2 reduced. Read More

February 04, 2020

Nodal Exchange achieves new records in power futures in January including majority of PJM and ISO-New England open interest

Nodal Exchange achieved its 18th consecutive month of record calendar month trading volume in power futures in January 2020 with 179 million MWh ($4.9 Billion per side). Read More

January 31, 2020

Nodal Clear Announces Wedbush Securities as New Clearing Member

Nodal Clear, LLC, the clearing house for Nodal Exchange, today announced that Wedbush Securities Inc. has been approved as a clearing member. Read More

January 08, 2020

Nodal Exchange achieves record year in power futures

Nodal Exchange achieved record annual power futures trading volume in 2019 with 1,857 million MWh (notional value of $57.9 billion per side). This represents a 79% growth rate over 2018.  Read More