Nodal Exchange and LCH.Clearnet Ltd launch natural gas contract for Henry Hub

Nodal Exchange, LLC and LCH.Clearnet Ltd (LCH.Clearnet) have today launched trading and clearing for a Henry Hub natural gas contract. The contract allows Nodal Exchange participants to enhance capital efficiency by cross margining their power and natural gas portfolios using Value-at-Risk (VaR) margining. The Henry Hub natural gas contract is available through Nodal Exchange’s cleared…

Newedge to offer GCM services for Nodal Exchange

Nodal Exchange, the first exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American electric power markets, and Newedge Group, a leader in global brokerage, announced today that Newedge Group (UK Branch), with its membership in LCH.Clearnet, has become a General Clearing Member (GCM) for Nodal Exchange.