US power market exchange expands offering
Nodal Exchange and clearing house LCH.Clearnet have extended expiries on 144 peak and off-peak contracts available on the exchange to include current month plus 48 months forward.
The 72 contract locations that saw this extension include all of the hubs and zones offered in Nodal Exchange’s daily auction. In October, Nodal Exchange and LCH.Clearnet began offering contracts trading in the current month plus 32 months forward for these 72 locations.
Less than seven months after the launch of the exchange, it has introduced 5,184 new tradable expiries in response to market demand. “We are very happy to be able to extend these expiries even further to meet the demand of our
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