Press Releases

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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