Press Releases

Nodal Exchange, the first commodities exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American electric power markets, has been honored with the “2010 Platts Global Energy Award of Excellence” in the Rising Star finalists’ category. Read More

Nodal Exchange, LLC and LCH.Clearnet Ltd (LCH.Clearnet) have today launched trading and clearing for a Henry Hub natural gas contract. The contract allows Nodal Exchange participants to enhance capital efficiency by cross margining their power and natural gas portfolios using Value-at-Risk (VaR) margining. The Henry Hub natural gas contract is available through Nodal Exchange’s cleared over-the-counter (OTC) trade platform. Read More

Nodal Exchange, LLC and LCH.Clearnet Ltd (LCH.Clearnet) are to offer trading and clearing for a Henry Hub natural gas contract. The contract, which will be launched in the fourth quarter of 2010, will allow Nodal Exchange participants to enhance capital efficiency by cross-margining their power and natural gas portfolios using VaR margining. The Henry Hub natural gas contract will be available through Nodal Exchange’s cleared over-the-counter (OTC) trade platform. Read More

Nodal Exchange, LLC and LCH.Clearnet Ltd (LCH.Clearnet) have expanded their trading and clearing offering into a new geography with the launch of contracts settling on the Electric Reliability Council of Texas (ERCOT). Available for trading from today, the monthly term contracts are based upon real-time prices across 4 new locations: North, South, West and Houston zones, for both peak and off-peak time periods. Read More

Nodal Exchange, the first exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American electric power markets, has been named “Innovation of the Year” by Energy Risk magazine at their 14th annual Energy Risk Awards. Read More

Nodal Exchange, LLC and LCH.Clearnet Ltd announced today the expansion to a new geography with the introduction of contracts settling on the California ISO day-ahead prices for 35 new locations. These include a select group of hubs, zones, scheduling points, pricing points, and generators in the California ISO. Sixteen locations are offered 4 years (49 months) forward in the Nodal Exchange daily auctions and an additional 19 are offered 1 year (13 months) forward in the Nodal Exchange weekly auctions. Contracts for both peak and off-peak time periods are available at each location. In addition, these new contracts are also available over-the-counter for submission to Nodal Exchange for clearing by LCH.Clearnet. The contracts are available for trading beginning today. Read More

Nodal Exchange, the first exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American electric power markets, and Yes Energy, a leading provider of graphical decision support systems for power trading in nodal markets, announced today that Yes Energy has launched a new tool, Nodal View™,
specifically
 designed 
for
participants 
on
 Nodal
 Exchange. Read More

Nodal Exchange, the first exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American electric power markets, and Newedge Group, a leader in global brokerage, announced today that Newedge Group (UK Branch), with its membership in LCH.Clearnet, has become a General Clearing Member (GCM) for Nodal Exchange. Read More

Nodal Exchange, LLC and LCH.Clearnet Ltd announced today the addition of 8 new contracts settling against Real-Time Locational Marginal Price (LMP) at four locations: PJM Western Hub, PJM AEP-Dayton Hub, PJM Northern Illinois Hub, and MISO Cinergy Hub. Contracts for both peak and off-peak time periods are available at each location. The Real-Time contracts are available for trading beginning today, January 7th, 2010, for the June 2010 through January 2014 expiries, and are being offered in the daily auctions alongside contracts for the 72 key hubs and zones that settle against Day-Ahead LMP. In addition, these new Real-Time contracts are also available over-the-counter for submission to Nodal Exchange for clearing by LCH.Clearnet. Read More