Press Releases

December 01, 2023

Nodal Clear wins Clearing House of the Year at FOW International Awards 2023

Nodal Clear was named Clearing House of the Year at the FOW International Awards 2023 in London during an evening ceremony following the publication's Trading London conference on November 29th. The FOW International Awards recognize innovation and achievement for firms in the derivatives industry.

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May 31, 2023

Nodal Clear and J.P. Morgan Announce Client Access to Nodal Exchange

Nodal Clear, LLC, the clearing house providing central counterparty clearing services for Nodal Exchange, announced today that J.P. Morgan is now offering clearing services to clients trading on Nodal Exchange.

J.P. Morgan is now able to provide client access to the Nodal Exchange power, gas, and environmental markets.  Nodal is the market leader in North American power futures having the majority of the open interest with 1.213 billion MWh, representing over $106.6 billion of notional value (both sides), at the end of March.  This is roughly equivalent to the electricity usage of 114 million U.S. households for one year. Nodal Exchange offers more power and environmental futures and options than any other exchange in the world. Read More

April 13, 2023

StoneX Offers Clients Access to Coinbase Derivatives Exchange Contracts Cleared by Nodal Clear

StoneX Group Inc (StoneX), Coinbase Derivatives Exchange (CDE) and Nodal Clear jointly announced today that clients of StoneX Financial Inc. now have access to the full suite of CDE contracts cleared by Nodal Clear.

This includes CDE nano Bitcoin futures (BIT) and nano Ethereum futures (ET) contracts, sized at 1/100th and 1/10th of the underlying commodity, respectively, and provides retail traders access to liquid crypto markets.

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November 16, 2020

CFTC Approves Nodal Clear, LLC to Clear for Other Designated Contract Markets

Nodal Clear announced today that the Commodity Futures Trading Commission (CFTC) has approved an Amended Order of Registration for Nodal Clear, LLC, removing a previous requirement limiting its activities as a registered derivatives clearing organization (DCO) to clearing contracts executed on or through its affiliated designated contract market (DCM), Nodal Exchange, LLC. The amended order permits Nodal Clear to clear for other DCMs in addition to Nodal Exchange.

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January 31, 2020

Nodal Clear Announces Wedbush Securities as New Clearing Member

Nodal Clear, LLC, the clearing house for Nodal Exchange, today announced that Wedbush Securities Inc. has been approved as a clearing member.

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September 20, 2018

Nodal Clear Announces ED&F Man as New Clearing Member

Nodal Clear, LLC, the clearing house for Nodal Exchange, today announced that ED&F Man Capital Markets Inc. has been approved as a clearing member.

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March 31, 2017

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”).

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January 26, 2017

Nodal Clear Awarded “Clearing House Innovation of the Year” at the Risk Awards 2017

Nodal Clear, LLC, the clearing house subsidiary of Nodal Exchange, has been awarded “Clearing House Innovation of the Year” by Risk magazine at the Risk Awards 2017. The Risk Awards recognize the work of firms and individuals in the derivatives markets and risk management across the globe.

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May 18, 2016

Nodal Clear Named “Newcomer of the Year” at Energy Risk Awards 2016

Nodal Clear, LLC, the clearing house subsidiary of Nodal Exchange, has been named “Newcomer of the Year” by Energy Risk magazine at The Energy Risk Awards 2016. Energy Risk Awards recognize excellence across global energy and commodities markets.

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October 19, 2015

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.

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October 06, 2015

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.

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September 24, 2015

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.

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November 03, 2014

Nodal Exchange forms Nodal Clear

Nodal Exchange, LLC (Nodal Exchange) announced today that it has formed a wholly owned subsidiary, Nodal Clear™, which will soon submit an application to the U.S. Commodity Futures Trading Commission (CFTC) to be registered as a derivatives clearing organization (DCO).

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