Nodal Exchange Announces Launch of Power Options Contracts

Washington, 19 June 2017 Nodal Exchange, LLC introduced 12 new power options contracts today. These contracts are the first options contracts to be offered by Nodal Exchange. Nodal Exchange options are European style options and are exercised into the underlying futures contracts on the last trading day. The following new contracts are now listed on Nodal Exchange: • PJM WESTERN HUB Monthly Real Time On-Peak Power Option • PJM WESTERN HUB Monthly Real Time Off-Peak Power Option • MISO INDIANA.HUB Monthly Real Time On-Peak Power Option • ERCOT HB_NORTH Monthly Real Time On-Peak Power Option • NYISO WEST Monthly Day Ahead On-Peak Power Option • NYISO HUD VL Monthly Day Ahead On-Peak Power Option • ISONE .H.INTERNAL_HUB Monthly Day Ahead On-Peak Power Option • NWPP MID-COLUMBIA Monthly Day Ahead On-Peak Power Option • CAISO TH_SP15_GEN-APND Monthly Day Ahead On-Peak Power Option • PJM WESTERN HUB Calendar Year Real Time On-Peak Power Option • PJM WESTERN HUB Calendar Year Real Time Off-Peak Power Option • NYISO WEST Calendar Year Day Ahead On-Peak Power Option “Nodal Exchange has grown significantly through 2016 and early 2017 and recently achieved a record 30% market share of open interest of U.S. monthly power futures volume,” said Paul Cusenza, Chairman and Chief

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Source: CTRM Center

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