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Nodal Exchange Appoints Board of Directors

Nodal Exchange, the first independent electronic commodities exchange for forward locational electric power trading, announced today that it has expanded its Board of Directors. The following individuals serve on Nodal Exchange’s Board of Directors:

Nodal Exchange Auction Engine Passes Key Validation Test

Nodal Exchange, the first electronic commodities exchange for forward locational (nodal) electric power trading, announced today that Nexant, Inc. has tested and validated the Nodal Exchange auction engine. Nodal Exchange provides participants in the North American power markets the opportunity to more effectively manage their basis and credit risk through the use of cleared cash-settled…

Nodal Exchange Completes Successful Mock Auctions

Nodal Exchange, the first independent electronic commodities exchange for forward locational electric power trading, announced today that it completed successful mock auctions for potential participants of the exchange. These mock auctions were held November 18th and 19th, 2008, in preparation for Nodal Exchange’s early 2009 launch. Over 50 entities signed up to participate in these…

SunGard’s GMI to Support Nodal Exchange

SunGard’s GMI, a clearing and accounting system for exchange traded derivatives, futures and options, now supports Nodal Exchange and is ready to be deployed by clearing members in anticipation of the launch of Nodal Exchange in early 2009. Nodal Exchange is the first electronic commodities exchange dedicated to offering locational (nodal) products and services to…

NODAL EXCHANGE ANNOUNCES NOVEMBER MOCK AUCTIONS

Nodal Exchange, the first independent electronic commodities exchange for forward locational electric power trading, announced today that it intends to conduct mock auctions for potential participants of the exchange. These mock auctions will be held November 18 and 19, 2008, in preparation for Nodal Exchange’s early 2009 launch. Over 100 traders representing more than 50…

Nodal Exchange and LCH.Clearnet to Sponsor 2008 Platts The Nodal Trader Conference

WASHINGTON, D.C. and LONDON, OCTOBER 2, 2008 Nodal Exchange, the first marketplace to use a locational (nodal) market for forward power trading, and LCH.Clearnet, the leading independent clearing house, announced today they will be the Principal Sponsors for Platts The Nodal Trader conference to be held in Jersey City, New Jersey on November 13-14, 2008.