Leading innovation in risk management.Nodal offers the largest set of power and environmental futures and options contracts worldwide, providing superior risk management.Visit Products & Services New Nodal AccessSM trading platform.Our easy-to-navigate platform allows you to execute and manage all your trades from any browser.Learn more about Nodal AccessSMComprehensive market data for informed trading decisions.Nodal offers market data across asset classes to inform trading, monitor trends, and build historical models.Visit Market Data Services
Welcome to Nodal Exchange
Welcome to Nodal Exchange
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the largest set of electric power locational (nodal) futures and options contracts and the largest set of environmental futures and options contracts in the world. Nodal Exchange currently offers over 1,000 power contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants.
Nodal Exchange supports trading on over 120 futures and options products in 70 environmental markets.
Nodal also offers monthly futures and penultimate futures and options products on the Henry Hub natural gas market in 2,500 and 10,000 MMBTU lot sizes.
All transactions on Nodal Exchange are cleared through its clearing house, Nodal Clear, using a portfolio margining approach that provides participants significant risk management and capital efficiency advantages.
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the largest set of electric power locational (nodal) futures and options contracts and the largest set of environmental futures and options contracts in the world. Nodal Exchange currently offers over 1,000 power contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants.
Nodal Exchange supports trading on over 120 futures and options products in 70 environmental markets.
Nodal also offers monthly futures and penultimate futures and options products on the Henry Hub natural gas market in 2,500 and 10,000 MMBTU lot sizes.
All transactions on Nodal Exchange are cleared through its clearing house, Nodal Clear, using a portfolio margining approach that provides participants significant risk management and capital efficiency advantages.
Nodal offers locational (nodal) futures and options contracts in North America’s wholesale electric markets, including ISO-NE, NYISO, PJM, MISO, ERCOT, SPP, CAISO, and Mid-C. The contracts cover on-peak and off-peak power at significant hubs, zones, and nodes.
Nodal Exchange natural gas contracts enhance capital efficiency through portfolio margining with participants’ power portfolios. Nodal offers cash-settled monthly futures, spreads, strips and calls for Henry Hub Last Day and Penultimate.
Environmental futures and options contracts on Nodal are available for Carbon Emissions Allowances & Offsets, Renewable Energy Certificates, Renewable Fuel Credits, Renewable Natural Gas Certificates, and other emission allowances.
Nodal Exchange's web based UI for Nodal LiveTrade, Nodal BlockTrade, admin & clearing functions
Nodal T7 Trading Access Options
The Nodal T7 trading platform can be accessed via leading web-based trading applications: CQG, Trading Technologies and Trayport. For support, please contact us
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