Power Game
For many power traders and energy marketplaces, Q2 closed with a whimper and not a bang – with one exception. DC-based Nodal Exchange saw year-on-year growth rates in power futures that seemed to buck the trends, particularly in June.
Nodal Exchange attains successive record quarter in power futures with 117% growth rate
Nodal Exchange achieved a new quarterly trading record in power futures with a total volume of 520 million MWh in Q2 2019, breaking the previous record of 405 million MWh set in Q1 2019. This resulted in a 117% growth rate in Q2 2019 over Q2 2018 while the total industry market grew just 15%…
Lakefront: hedging trucking rate risk could raise public carrier valuations
Lakefront Futures & Options, a Chicago-based brokerage and trading firm with 16 regional offices, recently launched a Trucking & Freight Derivatives Group to help its clients use trucking freight futures and other risk management tools, including fuel hedging, spot market pricing, and contract or ‘forward’ rates.
Lakefront Futures & Options to market Trucking Freight Futures
Lakefront Futures & Options, LLC., a Chicago-based derivatives brokerage, has created a derivatives group focused on the U.S. trucking and freight shipping sector.
