Our mission is to empower the global energy transition

ABN AMRO Clearing has opened the way to Nodal Exchange, a most innovative market, to our clients across the globe. They can now execute their global hedging strategies in our books, accessing a wide range of energy and environmental contracts.

Part of the renewable energy transition since 2 decades

Over two decades, ABN AMRO Clearing has been building its energy-clearing offering into a global product. Our position originates from true partnership, from helping our clients in realising their trading, hedging and growth strategies in power, gas and carbon trading. In line with the ABN AMRO Group’s sustainability ambition, ABN AMRO Clearing plays its role in the global transition to renewable energy. This transition can generate power efficiency, and leans on access to all major power & gas trading platforms.

“We have been pioneers in clearing services in all asset classes around the globe for more than 35 years”, said Gijs Stroink, Global Director Corporate Hedgers of ABN AMRO Clearing. “It is vital for us to be part of the energy transition and serving the interest of our clients in each corner of the world”.

Nodal Exchange champions the US power market

Emile Goulmy, Sales & Product Manager Energy of ABN AMRO Clearing added, “Nodal Exchange was launched to grow the basis US power market. It has been successful in breaking in that market, winning a leading market share.” Moreover, it works both ways. “Trading participants of Nodal Exchange have over time increased their Hub volume on this exchange”, Emile Goulmy says. “Not only US based companies, but also European clients are accessing the Nodal Exchange through ABN AMRO Clearing. We are proud to be part of this journey and to offer power and gas clearing on a global scale.“

Paul Cusenza, Chairman & CEO of Nodal Clear and Nodal Exchange was delighted to welcome ABN AMRO Clearing’s affiliate to Nodal Clear and further noted that, “Nodal continues to grow and this year achieved the majority of power futures open interest in the United States and we are excited that ABN AMRO Clearing will now offer its customers the ability to take advantage of Nodal’s robust trading and risk management services.” Nodal Exchange offers the world’s largest set of both power and environmental futures contracts.

We have a world to gain

“ABN AMRO Clearing is the Power Clearing Bank”, Gijs Stroink continues, “a true partner for our clients and exchanges across the globe, by unlocking access to existing and upstarting electricity, gas and carbon allowances markets.” The energy transition is in full motion; it is the industrial revolution of our era. “Our mission is to empower the global energy transition, by leading the way to safe and transparent power & gas markets,” he concludes. “We have a world to gain.”

Get in touch

• ABN AMRO ClearingEmile Goulmy (Sales & Product Manager Energy)Gijs Stroink (Global Director Corporate Hedgers)Join the energy transition and contact us at getintopower@abnamroclearing.com

• Nodal Exchange LLCNicole Ricard (Managing Director of Marketing)ricard@nodalexchange.com

ABOUT ABN AMRO CLEARING

ABN AMRO Clearing is one of the world’s leading providers of clearing and financing services for listed derivatives and cash securities, OTC products, warrants, commodities and FX. With 10 offices globally and employing more than 800 staff, ABN AMRO Clearing services clients on 160+ exchanges, MTFs and FX liquidity centres and consistently ranks as a top 3 clearer in most time zones. We consistently post over 20% market shares of transactions cleared on most relevant derivatives exchanges globally. ABN AMRO Clearing offers an integrated approach to global transaction processing, financial logistics and risk management and processes over 18 million trades per day.

ABOUT NODAL CLEAR, LLC

Nodal Clear is a Derivatives Clearing Organization (DCO) pursuant to the Commodity Exchange Act and is regulated by the U.S. Commodity Futures Trading Commission (CFTC). Nodal Clear is a wholly owned subsidiary of Nodal Exchange and serves as the central counterparty for all transactions on Nodal 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. For more information: www.nodalexchange.com

ABOUT NODAL EXCHANGE, LLC

Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American energy markets. Nodal Exchange is a leader in innovation, having introduced the world’s largest set of electric power locational (nodal) futures contracts. 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. More information: www.nodalexchange.com