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Commentary by Bob Zwirb

In the latest issue of Energy Metro Desk , Nodal Exchange CEO Paul Cusenza discussed recent CFTC approval allowing the Nodal Exchange to operate a derivatives clearing organization. By replacing its current London-based clearinghouse, LCH.Clearnet, with Nodal Clear, Nodal Exchange will "soon be a true, vertically integrated U.S. exchange clearinghouse" Mr. Cusenza asserted. Going forward, he noted that Nodal Clear is "looking to expand and broaden [its] product offerings significantly" and has a "key interest in the energy sector generally." Nodal Exchange is scheduled to switch to DCO status