Nodal Exchange, the largest power futures exchange in North America, is a derivatives exchange providing price, credit, and liquidity risk management to participants in the North American commodity markets. Nodal Exchange is a leader in innovation, having introduced the world’s largest set of environmental and electric power futures and options contracts. All transactions on Nodal Exchange are cleared through its wholly owned subsidiary, Nodal Clear, using its award-winning portfolio margining methodology. Nodal Clear also clears for third-party exchanges, currently focusing on equity index and commodity derivatives.
True to our innovative spirit, Nodal has built in-house most of the trading and clearing platform that fuels our business.
Nodal Exchange and Nodal Clear run on a proprietary platform consisting of trading tools, operational workflow, financial calculations, network optimizations, third-party interfaces, bank payment systems, and more. The complexity of our business allows unparalleled opportunities for team members to contribute to a rapidly expanding technology suite while developing a broad range of professional and technical skills. The firm recruits only top talent and has a culture in which the best idea wins the day unfettered by egos or hierarchies.