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Nodal Exchange and LCH.Clearnet Ltd extend expiries to 4 years for all 72 locations offered in the daily auctions

Nodal Exchange, LLC and LCH.Clearnet Ltd announced today that they have extended expiries to include current month plus 48 months forward on 144 peak and off-peak contracts settling at 72 locations. These contract locations include all of the hubs and zones currently offered in Nodal Exchange’s daily auction. In October, Nodal Exchange and LCH.Clearnet began…

Nodal Exchange and LCH.Clearnet Ltd announce expiry extensions on all 72 daily auction locations

Nodal Exchange, LLC and LCH.Clearnet Ltd announced today that extended expiries on 72 locations, 144 peak and off-peak contracts, are now available for trading. The locations, which include all of the hubs and zones currently offered in Nodal Exchange’s daily auction, are now available for trading in the current month plus 32 months forward. In…

Nodal Exchange and LCH.Clearnet Ltd announce expiry extensions on 84 Contracts

Nodal Exchange and LCH.Clearnet Ltd announced today that extended expiries on 42 locations, 84 peak and off-peak contracts, are available for trading. The locations, which are all hubs and zones offered in Nodal Exchange’s daily auction, can now be traded out to 30 months.

LCH.Clearnet and Nodal Exchange launch service for Nodal power contracts

LCH.Clearnet Ltd (LCH.Clearnet) and Nodal Exchange today launched a groundbreaking new service to provide trading and clearing of cash settled financial nodal power contracts in North America. For the first time, industry participants will benefit from the ability to more precisely hedge their positions by trading the Locational Marginal Price (LMP) of power at granular…

Nodal Exchange Announces Completion of Ownership Structure and Board Membership

Nodal Exchange, the first independent electronic commodities exchange for forward locational electric power trading, today announced that it has admitted a private institutional investor to complete its ownership structure in advance of Nodal Exchange’s April 8, 2009 launch. Nodal Exchange’s other shareholders include the following companies or their affiliates: DC Energy, LLC, Macquarie Cook Power,…