Exhibit A: 

March 29, 2019 Addition to Nodal Exchange Contract 

Specification
Los Angeles to Seattle Monthly Van Freight Rate Future

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, Los Angeles to 

Seattle

Contract Code VLS

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “Los Angeles to Seattle Van”, published daily by DAT with the Pickup

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 11,936 Lots

Margin Unit US Dollars
Seattle to Los Angeles Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, Seattle to Los 

Angeles

Contract Code VSL

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “Seattle to Los Angeles Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 3,254 Lots

Margin Unit US Dollars
Los Angeles to Dallas Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, Los Angeles to 

Dallas

Contract Code VLD

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “Los Angeles to Dallas Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 10,877 Lots

Margin Unit US Dollars
Dallas to Los Angeles Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, Dallas to Los 

Angeles

Contract Code VDL

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “Dallas to Los Angeles Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 4,190 Lots

Margin Unit US Dollars
Chicago to Atlanta Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, Chicago to Atlanta

Contract Code VCA

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “Chicago to Atlanta Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 8,108 Lots

Margin Unit US Dollars
Atlanta to Philadelphia Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, Atlanta to 

Philadelphia

Contract Code VAP

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “Atlanta to Philadelphia Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 8,514 Lots

Margin Unit US Dollars
Philadelphia to Chicago Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, Philadelphia to 

Chicago

Contract Code VPC

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “Philadelphia to Chicago Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 4,536 Lots

Margin Unit US Dollars
West US Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, West US

Contract Code VWU

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “West US Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 6,508 Lots

Margin Unit US Dollars
South US Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, South US

Contract Code VSU

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “South US Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 8,380 Lots

Margin Unit US Dollars
East US Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, East US

Contract Code VEU

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “East US Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 13,608 Lots

Margin Unit US Dollars
National Monthly Van Freight Rate Future 

ITEM SPECIFICATION

Contract Description Monthly Cash Settled Van Freight Rate Financial Contract, National 

Contract Code VNU

Settlement Method Financial

Hours of Trading As defined at http://www.nodalexchange.com

Unit of Trading 1 lot

Lot Size 1,000 Miles 

Currency US Dollars

Minimum Tick $0.001 per Mile

Settlement Price 

Precision

$0.001 per Mile

Last Trading Day The Eighth Business Day after the end of the contract month 

Contract Series 16 months

Fixed Price The traded price or the previous day's settlement price

Daily Settlement Price Determined by the Exchange based on exchange activity, other market data, and 

extrapolation to traded contracts, as appropriate

Final Settlement Price The Final Settlement Price is the simple average of the DAT Van Freight Rate 

Index, “National Van”, published daily by DAT with the Pickup 

Date starting from the first DAT Business Day of the contract month through 

the last DAT Business Day of the contract month, inclusive.

Final Settlement 

(Payment) Date

The first Business Day following the Last Trading Day

Position Limit 19,524 Lots

Margin Unit US Dollars