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Newedge becomes Nodal Exchange clearer
09 March 2010
The UK arm of French brokerage Newedge has joined US power market Nodal Exchange, via its membership of LCH. Clearnet, Nodal Exchange was launched on April 8 last year, becoming the first exchange to offer locational futures contracts and related services to the US power market, with LCH.Clearnet as its central counterparty clearing house. Newedge becomes the seventh general clearing member to support trading on the exchange.
Read more:
[Newedge]
[Nodal Exchange]
[LCH.Clearnet]
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