The US-based exchange launched in October its clearing house Nodal Clear
US-based energy market the Nodal Exchange
plans to launch its first power and natural gas options
contracts in the third quarter of this year, chief executive
Paul Cusenza told FOW.
"We have already begun development work on
the new contracts - which has been driven in part by client
demand - as well as a desire of the business to meet broader
member requirements. By adding options we can expand the
attractiveness of Nodal as an exchange and clearing offering to
a broader set of traders in the pool of potential
participants," said Cusenza.
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