Markets & Products
Nodal Exchange
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the largest set of electric power locational (nodal) futures and options contracts and the largest set of environmental futures and options contracts in the world. 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. Nodal Exchange also offers 83 futures and options products in 51 distinct environmental markets and natural gas contracts. Nodal Clear’s service, EnergyClear, coordinates the clearing and settlement of Nodal Exchange’s financially settled energy contracts.
Coinbase Derivatives
Coinbase Derivatives (LMX Labs) was founded in collaboration with leading industry firms to meet the needs of active retail investors globally. LMX Labs, LLC is the legal entity registered as a Designated Contract Market (DCM) regulated by the U.S. Commodity Futures Trading Commission (CFTC). Contracts traded on the exchange clear through Nodal Clear, a Derivatives Clearing Organization (DCO) and part of EEX Group, which is in turn part of Deutsche Börse Group.