Deutsche Börse and Nodal Exchange partner to offer premium range of market data

Release date: 25 Apr 2024 | Deutsche Börse

Deutsche Börse and Nodal Exchange partner to offer premium range of market data

- Partnership provides Deutsche Börse access to market data from Nodal Exchange
- Deutsche Börse’s clients will benefit from enhanced offering, now including US power and environmental market data 
- Partnership is scheduled to go live on 1 May 2024

Frankfurt / Washington, D.C. Deutsche Börse announces a collaboration with Nodal Exchange, a leading North American commodity derivatives exchange which is part of the EEX Group. As part of this collaboration, Deutsche Börse will provide access to a broad range of futures & options data in US energy and environmental markets through its proven data platform and vendor network.

This offering will include major power hubs across the United States as well as renewable energy certificates, carbon emission allowances, voluntary carbon credits, and renewable fuel credits. In over 70 environmental markets, Nodal Exchange offers the world’s largest set of environmental futures and options contracts and holds the majority of open interest in US power futures markets.
 
This partnership will make Nodal Exchange’s real-time and end-of-day market data available to a broader audience and address the demand of market participants to receive data through established channel partnerships. Deutsche Börse will act as additional licensor of Nodal’s information products which can be licensed under Deutsche Börse’s Market Data Dissemination Agreement.

Nodal Exchange will also be making its real-time market data available via Deutsche Börse’s direct data feed CEF® Core. The integration of Nodal’s market data into Deutsche Börse’s CEF Core data feed ensures efficient and cost-effective access for subscribers.
The partnership is scheduled to go live on 1 May 2024, marking a significant step forward in improving accessibility and efficiency in commodity derivatives trading.

“Our partnership with Nodal represents a significant milestone for us and our customers, as it allows us to further expand our broad range of premium market data,” said Alireza Dorfard, Head of Market Data + Services at Deutsche Börse. 

“Nodal Exchange is pleased to be collaborating with Deutsche Börse to provide access to Nodal market data to an expanded audience of market participants globally,” said Paul Cusenza, Chairman and CEO of Nodal Exchange. “We are happy to be able to extend access to better support the global energy and environmental markets.”


About Deutsche Börse

As an international exchange organisation and innovative market infrastructure provider, Deutsche Börse Group ensures capital markets that are transparent, reliable and stable. With its wide range of products, services and technologies, the Group organises safe and efficient markets for sustainable economies.

Its business areas cover the entire financial market transaction process chain. This includes the provision of indices, data, software, SaaS and analytical solutions as well as admission, trading and clearing. Additionally, it comprises services for funds, the settlement and custody of financial instruments as well as the management of collateral and liquidity. As a technology company, the Group develops state-of-the-art IT solutions and offers IT systems all over the world.

With more than 14,000 employees, the Group has its headquarters in the financial centre of Frankfurt/Rhine-Main, as well as a strong global presence in locations such as Luxembourg, Prague, Cork, London, Copenhagen, New York, Chicago, Hong Kong, Singapore, Beijing, Tokyo and Sydney.

Media contact:
Deutsche Börse
Niels Tomm
+49 30 59004 2 04
niels.tomm@deutsche-boerse.com
 

About Nodal

Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities 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.

Media contact:
Nodal Exchange Public Relations
Nicole Ricard
+1 703-962-9816
ricard@nodalexchange.com

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