Hengdian Group’s financial futures company Nanhua Futures announced that its subsidiary Nanhua USA has gained trading membership on Nodal Exchange, a leading derivatives exchange in North American commodities markets.
Alongside its previously secured Nodal Clear membership, this new approval makes Nanhua USA the only Chinese futures firm able to both trade and clear related products listed on Nodal Exchange.
Trading rights on Nodal Exchange and clearing eligibility at Nodal Clear together provide investors with an integrated “trading plus clearing” solution in the U.S. power and energy markets.
Nodal Exchange focuses on North American power, natural gas and environmental derivatives, offering over 1,000 location-specific contracts and holding a 56% share of the U.S. electricity futures market.
Nodal Exchange also provides access to renewable energy certificates (RECs) and carbon credits, while NodalClear gives Nanhua trading eligibility for derivatives listed on Coinbase Derivatives.
This allows Nanhua to participate in innovative businesses such as crypto asset derivatives and index products, as well as near real-time margin top-up services, significantly boosting capital efficiency going forward.
Since its founding in 1996, Nanhua Futures has established a full-license framework for its multinational operations, covering memberships at 19 major global exchanges and clearing qualifications with 15 core clearinghouses.
Nanhua Futures’ wide-ranging license coverage and professional service capabilities rank it among the top tier of Chinese futures firms. It provides uninterrupted 24/7 service across all time zones in the four key international financial hubs, Hong Kong, London, Chicago and Singapore.