Nodal to expand environmental derivatives
Nodal, part of Deutsche Boerse’s European Energy Exchange (EEX), will expand its suite of derivatives based on US environmental markets such as carbon emission allowances in the fourth quarter, the exchange’s chief executive has said.
Nodal Exchange achieves new records in environmental futures in August with 132% growth
Nodal Exchange grew its environmental futures open interest 132% from the prior year, ending August with a record 76,933 contracts of open interest. Nodal Exchange also achieved record market share of open interest in environmental futures contracts with 8.6% market share at the end of August 2020 which is up from 4.7% the prior year.