StoneX to Provide Access to Environmental Options and Futures Contracts via Nodal Exchange
StoneX Group’s subsidiary StoneX Financial will now give clients access to a full suite of physically deliverable environmental futures and options contracts via the Nodal Exchange. A story in The Trade news said the move will allow StoneX Financial’s clients to adopt and maintain environmentally conscious business practices, manage risk effectively and achieve regulatory compliance. StoneX said the contracts span markets including sustainable energy, carbon emissions, renewable fuels, and pollutants such as sulfur dioxide and nitrogen oxide. With increasing interests in corporate sustainability and carbon neutrality, Nodal Exchange’s renewable fuels and pollutants contracts allow for active participation in the space. Energy refiners, distributors, producers to energy traders and ESG fund managers are among the users of these products.