Deutsche Börse has partnered with Nodal Exchange, a North American commodity derivatives exchange, to provide access to a range of futures and options data in US energy and environmental markets through Deutsche Börse’s data platform and vendor network.
The 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 more than 70 environmental markets, Nodal Exchange claims to offer the world’s largest set of environmental futures and options contracts and holds the majority of open interest in US power futures markets.
Alireza Dorfard, head of market data and services at Deutsche Börse, said: “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.”
Nodal Exchange CEO Paul Cusenza said: “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. We are happy to be able to extend access to better support the global energy and environmental markets.”
The partnership is scheduled to go live on 1 May 2024 and 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.
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