Press Releases

April 01, 2026

First Trade in Financially Settled California Carbon Allowance Futures on Nodal Exchange

Nodal Exchange and IncubEx announced today the successful launch and first trade of financially settled California Carbon Allowance (CCA) futures and options contracts on March 30, 2026. DRW and Gator Trading Partners were parties to the first exchange trade for financially settled CCA futures, brokered by Tullett Prebon. The trade volume was 10 contracts (10,000 CCAs) of Dec-26 Financial CCA futures at a price of $29.18. Read More

March 30, 2026

Nodal Exchange launches the first financially settled California Carbon Allowance Futures in collaboration with IncubEx

Nodal Exchange, in collaboration with IncubEx, announced today the launch of the first financially settled California Carbon Allowance futures and options contracts on March 30, 2026. Read More

March 05, 2026

Nodal Exchange achieves trading records in natural gas and environmental markets in February

Nodal continues to be the market leader in North American power futures achieving 56% of the open interest with 1.5 billion MWh at the end of February. The open interest represents over $160 billion of notional value (both sides). The traded volume in February was 297 million MWh. Read More

February 06, 2026

Nodal Exchange achieves strong performance in power and environmental markets in January 2026

Nodal Exchange today announced strong performance in power and environmental markets in January of 2026. Nodal continues to be the North American power market leader ending January at 1.5 billion MWh of futures open interest and a 56% market share, representing over $188 billion of notional value (both sides), at the end of January. Read More

February 02, 2026

Nodal Exchange Announces Launch of Power Daily Futures Contracts

Nodal Exchange announced today the launch of 46 new power daily futures contracts. The new power contracts allow participants to manage positions inside the current month directly on Nodal and are the first daily futures contracts to be offered by Nodal Exchange. Read More

January 08, 2026

Nodal Exchange achieves year-end records in power and environmental markets in 2025

Nodal Exchange announced today that it achieved record trading volumes in 2025 in its power and environmental markets. Nodal achieved a record 3.1 billion MWh power futures volume traded in 2025, representing 4% growth over 2024. In December, Nodal Exchange traded volume was 235 million MWh, up 29% from December 2024. Read More