NODAL

(Based on Used in Commerce) Financial exchange services; clearing of derivative transactions with clearing members, namely, financial collateral management for the maintenance of collateral collected to secure transactions, financial risk management and loan default management; financial risk management services, credit risk management services, margin and position limit monitoring, portfolio margining; generating, collecting, and providing financial and historical financial information, namely, financial market and pricing data and financial information and data relating to the energy and commodities markets; disseminating real-time and historic financial information relating to the clearing and settlement of trading transactions involving energy and commodity derivative products, futures, and related financial instruments; (Based on Intent To Use) Investment services, namely, asset and investment acquisition, consultation, advisory, management, and development in the energy industry; investment management services in the fields of acquiring, managing, and advising joint investment ventures in the energy industry; consulting, advisory, governance, and management services related to the foregoing

Providing temporary use of non-downloadable computer software via the global computer network for the purpose of providing users with an online electronic trading system for the execution of trades involving commodity derivative products and related financial instruments; Platform as a Service (PaaS) featuring computer software platforms for the purpose of providing clearing members access to real time and historical data relating to margins, payment flows and posted collateral via a graphical user interface