Nodal Exchange Announces Launch of Power Daily Futures Contracts [Yahoo! Finance]
DEUTSCHE BOERSE UNSP/ADR (DBOEY)
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Source: Yahoo! Finance
The new power contracts allow participants to manage positions inside the current month directly on Nodal and are the first daily futures contracts to be offered by Nodal Exchange. These new power daily contracts, offered alongside Nodal's existing monthly contracts, are available today for both block and electronic trading. This announcement follows the launch late last year of Nodal Exchange's new web-based, electronic trading platform, Nodal Access SM . The platform provides users with a secure and flexible system to execute screen-based trades across all of Nodal Exchange's asset classes. "The launch of these new power daily contracts, as well as the Nodal Access SM trading platform, represent significant progress toward our ongoing goal of providing superior basis risk management solutions for our power traders," said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear. "We look forward to continuing to develop and offer innovative products that meet the evolvi
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