Designated Contract Markets (DCM) : 24963
Organization: Nodal Exchange, LLC
Status: Designated
Date: 2013-09-27 00:00:00
Remarks: Nodal Exchange, LLC trades financially settled power contracts, including (1) locational marginal pricing (energy, loss, and congestion) or any component of locational marginal pricing of electricity at hubs, zones and nodes in the United States and Canada and (2) natural gas at Henry Hub. Clearing services are provided by Nodal Clear. Nodal Exchange, LLC was previously operating as an Exempt Commercial Market ("ECM") as of April 2009. Nodal Exchange submitted an application for DCM registration on October 11, 2012 and was designated as a DCM on September 27, 2013.