About Nodal Exchange
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American energy markets. Nodal Exchange is a leader in innovation, having introduced the world’s largest set of electric power locational (nodal) futures contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. In addition, Nodal Exchange offers natural gas and environmental contracts. All Nodal Exchange contracts are cleared by Nodal Clear which is a CFTC registered derivatives clearing organization. Nodal Exchange is a designated contract market regulated by the CFTC.
Power Derivatives Market
On the power derivatives market of EEX, financial and physical futures on power can be traded for 17 European power markets across Europe. At EEX, traders have access to the most liquid financial power future contract in Europe – the Phelix-DE Future.
In the US power market, Nodal Exchange offers over 1,000 contracts across hundreds of unique locations, providing the world’s largest set of electric power locational (nodal) futures contracts.
On January 1st 2020, the European Energy Exchange (EEX) merged Powernext activities into EEX. Through this integration, EEX offers power derivatives and gas markets under one Exchange license, and allows its members to trade natural gas contracts in the Austrian, Belgian, Czech, Danish, Dutch, French, German, Italian, Spanish and UK market areas. The natural gas product range covers spot, futures and options contracts for the major European gas hubs as well as trading in location spread products between these market areas. EEX also offers JKM® LNG Futures settled against the S&P Platts JKM® assessment, today’s most reliable price estimation for the Asian region. Additionally, Nodal Exchange offers gas products on the Henry Hub natural gas contract.
In order to trade on EEX Group markets, companies need to complete the admission process at the respective market place. Proper settlement and collateralisation of transactions require the recognition as a trading participant by the respective clearing house – ECC for Europe and Nodal Clear for US markets.
EEX Group provides multiple connectivity options to access its markets via a number of “front-ends”. Each access type is designed for simplicity and compatibility with the Trayport systems or in-house solutions. Depending on the individual requirements, customers can select the right solution from various front-end alternatives. Connection is possible via VPN, internet or leased line according to your individual requirements.
Market Data Services
The Info-Product service comprises the provision of market data from trading at EEX Group exchanges (EEX, EPEX SPOT). Data from clearing on ECC as well as transparency data are also provided.
Regulatory Reporting Services
EEX Group supports its clients in fulfilling their transparency and reporting obligations which arise in the framework of the regulations MiFID II, MIFIR, REMIT, MAR, EMIR and Transparency Regulation.