In a late 2016 interview with Nodal Exchange, we discussed many things with CEO Paul Cusenza. New products and services he was planning to launch, growth and international expansion opportunities and so on. Clearly, we should have hit him with a few more questions.
The European Energy Exchange (EEX) and the owners of US-based Nodal Exchange Holdings, LLC have reached an agreement under which EEX will acquire 100% of the equity in Nodal Exchange for a low triple digit million US-Dollar investment. As a result, Nodal Exchange will become part of EEX Group.
Nodal Exchange is planning to launch power and natural gas contracts during the second quarter of 2017, the Virginia based electricity futures exchange’s chief executive officer has told Risk.net.
Vertical exchange silos are an oft-maligned feature of the financial markets. Critics argue such models, where an exchange controls both trade execution and clearing, can be anti-competitive and result in higher costs for end-users. Nodal Exchange is proving that vertical integration has plenty of benefits for customers, too.
Nodal Clear, LLC, the clearing house subsidiary of Nodal Exchange, has been awarded “Clearing House Innovation of the Year” by Risk magazine at the Risk Awards 2017. The Risk Awards recognize the work of firms and individuals in the derivatives markets and risk management across the globe.
Nodal Exchange, LLC has introduced two new power futures contracts based on the trading hub, Mid-Columbia, in the Northwest Power Pool (NWPP).
Nodal Exchange's web based UI for Nodal LiveTrade, Nodal BlockTrade, admin & clearing functions
The Nodal T7 trading platform can be accessed via leading web-based trading applications: CQG, Trading Technologies and Trayport. For support, please contact us
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