Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the largest set of electric power locational (nodal) futures and options contracts and the largest set of environmental futures and options contracts in the world. Nodal Exchange currently offers over 1,000 power contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants.
Nodal Exchange supports trading on over 120 futures and options products in 70 environmental markets.
Nodal also offers monthly futures and penultimate futures and options products on the Henry Hub natural gas market in 2,500 and 10,000 MMBTU lot sizes.
All transactions on Nodal Exchange are cleared through its clearing house, Nodal Clear, using a portfolio margining approach that provides participants significant risk management and capital efficiency advantages.