Nodal Exchange achieves record quarter in power futures
Nodal Exchange achieved a new quarterly trading record in power futures with a total volume of 405 million MWh in Q1 2019 (notional value of $13 billion per side). This resulted in a 64% growth rate in Q1 2019 over Q1 2018 while the total industry market grew just 3%.
Betting on Freight Futures
CNBC’s exclusive interview with FreightWaves CEO Craig Fuller
FUTURES AREN’T JUST FOR JUICE. THEY’RE FOR TRUCK ROUTES TOO
WHEN RANDOLPH AND Mortimer Duke first explained the commodities market to Billy Ray Valentine in 1983, they laid out five examples: a cup of coffee, a piece of bread, some slices of bacon, a glass of frozen orange juice, and a few bars of gold…Had Eddie Murphy, Ralph Bellamy, and Don Ameche been filming that seminal…
First trade executed within 20 minutes of Trucking Freight Futures launch
FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m.
Simpson: J.B. Hunt committed to freight market transparency
On Friday morning at FreightWaves’ Market Street headquarters in Chattanooga, executives from DAT, Nodal Exchange, J.B. Hunt (NASDAQ: JBHT), as well as former U.S. Senator Bob Corker (R-TN), spoke to a large audience about the problems in the transportation and logistics industry that led to the creation of trucking freight futures.
Transportation industry celebrates ahead of freight futures contract launch
On Thursday night, FreightWaves hosted a gathering of the transportation, logistics, and financial industries at its new headquarters ahead of the launch of the Trucking Freight Futures contracts on the Nodal Exchange Friday morning. Executives from local and national firms celebrated the arrival of freight futures a cocktail reception and dinner.
Trucking Freight and Power: Not as Different as You Think – Paul Cusenza, Nodal Exchange
March 29th marks the launch of Nodal Exchange’s trucking freight futures. In this video, Nodal Exchange CEO Paul Cusenza talks about how trucking freight fits in with the rest of Nodal’s offerings and the potential for the exchange to address the financial transmission rights market.