Latest news with #NodalClear
National Post
09-05-2025
- Business
- National Post
Nodal Clear Announces Clearing Support for 24x7 Trading on Coinbase Derivatives Exchange
Article content WASHINGTON — Nodal Clear announced that starting today it will offer clearing support for 24×7 (24 hours by 7 days) trading of select cryptocurrency futures contracts on Coinbase Derivatives Exchange (CDE). The new structure enables round-the-clock trading, for a subset of contracts including: Article content Article content Bitcoin Futures (BTI) – 1 Bitcoin Ether Futures (ETI) – 10 Ether nano Bitcoin Futures (BIT) – 1/100th of Bitcoin nano Ether Futures (ET) – 1/10th of Ether Article content This move represents a significant milestone in the history of global clearing as it enables continuous cleared trading, including on weekends and holidays, for the first time ever for cleared margined futures. Article content 'Nodal Clear is proud to be the first clearing house to ever offer 24×7 clearing for margined futures contracts. This innovation reflects our commitment to deliver operational excellence for our clearing members, Coinbase Derivatives Exchange and its trading community,' said Paul Cusenza, Chairman and CEO of Nodal Clear. 'Our unique risk management approach sets us apart and allows us to support continuous trading.' Article content Boris Ilyevsky, CEO of Coinbase Derivatives, stated: 'Coinbase Derivatives is proud to be the first ever US futures exchange to offer 24×7 margined futures contracts in partnership with Nodal Clear. Our platform was purpose-built for this moment, combining a crypto-native mindset with the infrastructure and regulatory rigor required to modernize U.S. markets. This launch brings crypto futures trading in sync with round-the-clock global crypto markets.' Article content Nodal Clear is a Derivatives Clearing Organization (DCO) pursuant to the Commodity Exchange Act and is regulated by the CFTC. Nodal Clear provides central counterparty clearing services to Nodal Exchange and Coinbase Derivatives Exchange. Through the novation process, the clearing house becomes the buyer to every seller and the seller to every buyer, significantly reducing the credit risk exposure of market participants. Nodal Clear's strong risk management practices create a sound market infrastructure for trading. Nodal Clear employs a tailored portfolio margining methodology that appropriately margins contracts and provides capital efficiencies to market participants. Further information is available at Article content Article content Article content Article content Article content Contacts Article content Article content
Arabian Post
09-05-2025
- Business
- Arabian Post
Coinbase Opens Round-the-Clock Crypto Futures Trading in U.S.
Coinbase has launched 24/7 trading for Bitcoin and Ethereum futures through its CFTC-regulated platform, Coinbase Derivatives, marking a significant shift in U.S. crypto market accessibility. This initiative allows traders to engage in futures contracts at any time, aligning with the continuous nature of global cryptocurrency markets. The move addresses a longstanding gap between traditional U.S. trading hours and the always-on operations of crypto markets. Previously, U.S. traders faced limitations due to fixed market hours, often missing opportunities during off-hours. With this development, Coinbase aims to provide traders with the flexibility to manage risk and seize opportunities without time constraints. Coinbase's infrastructure supports this continuous trading model through partnerships with Nodal Clear, a CFTC-regulated clearinghouse, and liquidity providers like Virtu Financial. These collaborations ensure that the platform can handle the demands of round-the-clock trading while maintaining regulatory compliance. The introduction of 24/7 trading is part of Coinbase's broader strategy to expand its derivatives offerings. The company has also announced plans to develop perpetual-style futures contracts, which do not have expiration dates, providing traders with additional tools to manage their positions over extended periods. This expansion into continuous trading comes amid a surge in institutional interest in cryptocurrency derivatives. Derivatives account for a significant portion of global crypto trading volume, and Coinbase's enhanced offerings aim to cater to this growing demand. Coinbase's move also reflects a broader trend of increasing regulatory clarity in the U.S. crypto market. The company's alignment with regulatory standards, such as operating a CFTC-regulated exchange, positions it to capitalize on the evolving landscape of digital asset trading. See also Grindery Launches Aventino to Enhance AI Agent Transactions In addition to the launch of 24/7 trading, Coinbase has announced a $2.9 billion acquisition of Deribit, a leading crypto options trading platform. This acquisition is expected to further strengthen Coinbase's position in the derivatives market and expand its global reach. Arabian Post – Crypto News Network
Business Wire
09-05-2025
- Business
- Business Wire
Nodal Clear Announces Clearing Support for 24x7 Trading on Coinbase Derivatives Exchange
WASHINGTON--(BUSINESS WIRE)--Nodal Clear announced that starting today it will offer clearing support for 24x7 (24 hours by 7 days) trading of select cryptocurrency futures contracts on Coinbase Derivatives Exchange (CDE). The new structure enables round-the-clock trading, for a subset of contracts including: Bitcoin Futures (BTI) - 1 Bitcoin Ether Futures (ETI) - 10 Ether nano Bitcoin Futures (BIT) - 1/100th of Bitcoin nano Ether Futures (ET) - 1/10th of Ether This move represents a significant milestone in the history of global clearing as it enables continuous cleared trading, including on weekends and holidays, for the first time ever for cleared margined futures. 'Nodal Clear is proud to be the first clearing house to ever offer 24x7 clearing for margined futures contracts. This innovation reflects our commitment to deliver operational excellence for our clearing members, Coinbase Derivatives Exchange and its trading community,' said Paul Cusenza, Chairman and CEO of Nodal Clear. 'Our unique risk management approach sets us apart and allows us to support continuous trading.' Boris Ilyevsky, CEO of Coinbase Derivatives, stated: 'Coinbase Derivatives is proud to be the first ever US futures exchange to offer 24x7 margined futures contracts in partnership with Nodal Clear. Our platform was purpose-built for this moment, combining a crypto-native mindset with the infrastructure and regulatory rigor required to modernize U.S. markets. This launch brings crypto futures trading in sync with round-the-clock global crypto markets." For more information on how Nodal Clear supports CDE's 24x7 operations, please contact clearingsupport@ or call 703-962-9860 About Nodal Clear Nodal Clear is a Derivatives Clearing Organization (DCO) pursuant to the Commodity Exchange Act and is regulated by the CFTC. Nodal Clear provides central counterparty clearing services to Nodal Exchange and Coinbase Derivatives Exchange. Through the novation process, the clearing house becomes the buyer to every seller and the seller to every buyer, significantly reducing the credit risk exposure of market participants. Nodal Clear's strong risk management practices create a sound market infrastructure for trading. Nodal Clear employs a tailored portfolio margining methodology that appropriately margins contracts and provides capital efficiencies to market participants. Further information is available at
Yahoo
07-03-2025
- Business
- Yahoo
Nodal Exchange Achieves February Trading Records as Natural Gas Market Grows 143%, Environmental Market Grows 105%, and Power Achieves Second Best Month Ever
WASHINGTON, March 07, 2025--(BUSINESS WIRE)--Nodal continues to be the market leader in North American power futures achieving a record 57.3% of the open interest with 1.5 billion MWh at the end of February. The open interest represents over $148.5 billion of notional value (both sides). The traded volume in February was 356 million MWh, which is the second highest trading volume month of all time. Nodal Exchange also announced calendar month trading records in natural gas and environmental markets in February. In Nodal's natural gas markets, futures trading reached 88.6 million MMBtu in February 2025, up 143% from 36.5 million MMBtu in February 2024. Nodal, with its collaborator IncubEx, also posted a calendar month trading record for February in its environmental markets with 102,752 lots traded, up 105% from 50,085 lots a year earlier. Environmental open interest at the end of February was 416,945 lots, up 34% from 311,650 a year earlier. Environmental products on Nodal set a daily volume record on February 11th of 27,823 lots. Open interest in several key environmental markets continued to show solid growth during the month. Renewable energy certificate (REC) open interest posted a new record of 334,737 lots in February and ended the month at 322,771 lots. Carbon futures and options on Nodal posted open interest of 52,746 lots. Renewable fuels open interest ended February at 41,428 lots. "It is wonderful to see Nodal Exchange set records across its power, natural gas and environmental markets," said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear. "We continue to seek to be innovative and responsive to the needs of our markets." 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 and the world's largest set of environmental 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 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. View source version on Contacts PRESS CONTACT:Nodal Nicole RicardNodal Exchange Public RelationsP: 703-962-9816ricard@ Sign in to access your portfolio
Yahoo
19-02-2025
- Business
- Yahoo
Nodal Exchange to Expand Headquarters in Fairfax County
WASHINGTON, February 19, 2025--(BUSINESS WIRE)--Earlier today, Governor Glenn Youngkin announced that Nodal Exchange, a Fairfax County-based derivatives exchange providing price, credit, and liquidity risk management solutions to participants in the North American commodities markets, will increase capacity at its headquarters located at 1921 Gallows Road in Tysons. The expansion will create 33 new jobs. "Fairfax County is an ideal location for attracting and retaining an outstanding professional team necessary for operating Nodal Exchange and Nodal Clear, and we are thrilled to be able to continue to grow and further expand here. It is a wonderful location with a highly educated and diverse workforce," said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear. "It is also centrally located for our trading and clearing community and in close proximity to our regulators in Washington, D.C." Founded in 2007, Nodal Exchange is a derivatives exchange and a leader in innovation, having introduced the world's largest sets of electric power locational (nodal) futures contracts and environmental contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 power contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. The majority of U.S. power futures open interest is on Nodal Exchange with 1.43 billion MWh representing 57% market share as of the end of January 2025. In addition, Nodal Exchange offers natural gas and environmental contracts. All Nodal Exchange contracts are cleared by Nodal Clear, which is a CFTC (Commodity Futures Trading Commission) registered derivatives clearing organization and a wholly owned subsidiary of Nodal Exchange. Nodal Clear is also the clearing house for Coinbase Derivatives. Nodal Exchange is a designated contract market regulated by the CFTC. "Congratulations to Nodal Exchange on your expansion and thank you for being a vital part of Fairfax County's dynamic and innovative business community," said Fairfax County Board of Supervisors Chairman Jeffrey C. McKay. "Your groundbreaking work in energy and financial markets showcases the excellence that defines our community and inspires economic growth." "We are proud to celebrate Nodal Exchange's second expansion in Fairfax County in three years" said Victor Hoskins, president and CEO of Fairfax County Economic Development Authority (FCEDA). "Their achievements highlight the strength of Fairfax County as a hub for business excellence, and we look forward to seeing the continued impact that Nodal Exchange will have both on our local economy and community." FCEDA worked with the Virginia Economic Development Partnership (VEDP) to secure the project for Virginia. VEDP will support Nodal Exchange's job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia's commitment to enhancing job opportunities for citizens. "Nodal Exchange's expansion in Fairfax County demonstrates Virginia's ability to attract and retain global financial technology leaders," said Governor Glenn Youngkin. "As North America's largest power futures exchange, Nodal Exchange showcases how international firms can thrive in the Commonwealth while developing innovative solutions for the world's energy markets. This expansion reinforces Virginia's position as a premier location for businesses at the intersection of finance and technology." 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 and the world's largest set of environmental 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. View source version on Contacts NodalNicole Ricard ricard@ Fairfax County Economic Development AuthorityRobin Geiger rgeiger@ Sign in to access your portfolio
