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”).
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.
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.
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.
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.