Nodal Exchange Announces Launch of Power Options Contracts
Nodal Exchange, LLC introduced 12 new power options contracts today. These contracts are the first options contracts to be offered by Nodal Exchange.
EEX acquires 100% ownership of US Nodal Exchange
The European Energy Exchange (EEX), part of Deutsche Börse Group, and the owners of US-based Nodal Exchange Holdings, LLC have successfully closed the transaction under which EEX has acquired 100% of the equity in Nodal Exchange.
Nodal Clear recognized as third-country central counterparty by ESMA
Nodal Clear, LLC, the clearing house subsidiary of Nodal Exchange, announced today that it has been recognized by the European Securities and Markets Authority (“ESMA”) as a third-country central counterparty (“CCP”) under the European Markets Infrastructure Regulation (“EMIR”).
EEX set to acquire 100% ownership of US Nodal Exchange
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 Announces Launch of Mid-Columbia Power Futures Contracts
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 Announces Launch of 40 New Power Futures Contracts to Serve Participants in the SPP Market
Nodal Exchange, LLC has introduced 40 new power futures contracts to support trading in Southwest Power Pool (SPP). The new contract offerings are based on 17 locations in SPP and one interface location between MISO and SPP.
Nodal Exchange Announces Launch of New Generation Node Power Futures Contracts
Nodal Exchange, LLC has introduced 12 new power futures contracts covering 5 generation nodes in PJM and 1 generation node in ISO-NE. Nodal Exchange is the first exchange to offer cleared power futures contracts for these locations.
Nodal Exchange Announces Successful Transition to Nodal Clear
Nodal Exchange, LLC announced today the successful migration of 100% of the positions in Nodal Exchange contracts from the previous clearing house, LCH.Clearnet Limited, to Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange. Nodal Clear now serves as the central counterparty for all Nodal Exchange transactions.
Nodal Clear Board Approves Twelve Clearing Members for Nodal Exchange Market
Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange, announced today that the Board has approved twelve clearing members of Nodal Clear for the Nodal Exchange market. Eleven of the twelve approved clearing members are futures commission merchant (FCM) clearing members able to clear for customer accounts.
CFTC Grants Nodal Clear Registration as a DCO
Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange, announced today that it has been granted registration as a derivatives clearing organization (DCO) by the U.S. Commodity Futures Trading Commission (CFTC). Nodal Clear is the first DCO to elect to become a Subpart C DCO at the time of its registration.
