Nodal Exchange

LCH.Clearnet provides clearing services for Nodal Exchange, the first independent electronic commodities exchange dedicated to offering locational forward trading products and services to participants in the organised North American power markets. 

By clearing through LCH.Clearnet members benefit from counterparty risk management, settlement netting, straight through processing and counterparty anonymity.

The service covers trading at nodes across six market locations – PJM, NYISO NE-ISO, MISO, ERCOT and CAISO - and plans to expand to cover additional geographies.