Press Releases

April 02, 2020

Nodal Exchange achieves 20th consecutive monthly record as well as a new quarterly record

Nodal Exchange achieved its 20th consecutive month of record calendar month power futures trading in March with 140 million MWh of traded volume.  Nodal also set a new quarterly trading record in power futures with a total volume of 579 million MWh in Q1 2020 (notional value of $15.2 billion per side), including 74 million MWh related to the successful migration of power futures from NASDAQ Futures (NFX) on February 6.  Read More

March 17, 2020

COVID-19 Preparedness

Nodal Exchange and Nodal Clear (collectively “Nodal”) appreciate that the Nodal customer community is addressing the potential for adverse impact that recent developments regarding COVID-19 may have on our financial community.  Nodal is closely monitoring the situation.  Read More

March 11, 2020

Trading Technologies and Nodal Exchange Launch Collaboration to Provide Market Access Through the TT® Platform

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Nodal Exchange, a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities market, today announced they have entered into a commercial agreement whereby Nodal Exchange’s contracts will be available for trading through the TT platform. Read More

March 05, 2020

Nodal Exchange achieves record volume and market share in power in February

Nodal Exchange achieved record power futures trading volume in February 2020 with 259.5 million MWh ($6.6 Billion per side), including 73.9 million MWh related to the successful migration of power futures from Nasdaq Futures (NFX) on February 6.  This represents Nodal Exchange’s highest volume month ever, as well as its 19th consecutive record calendar month. Read More

February 06, 2020

Nodal Exchange Successfully Completes Migration of U.S. Power Open Interest from Nasdaq Futures, Inc.

Nodal Exchange announced today that it successfully completed the migration of the U.S. power futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchange’s clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFX’s futures and options exchange business. Read More

February 05, 2020

Nodal Exchange sets daily trading record in power futures as well as records in environmental contracts

On Tuesday, February 4, 2020, Nodal Exchange achieved a new daily trading record in power futures with a total volume of 42.0 million MWh. In addition, Nodal Exchange had record environmental futures trading in January 2020 with 17,058 lots traded. Nodal continues to expand its environmental offering, in collaboration with IncubEx, with the successful launch of the first physically delivered California Low Carbon Fuel Standard (LCFS) futures and options contracts on January 31, 2020: options on 10,000 LCFS credits have already traded on Nodal representing a notional value of about $2 million per side and 10,000 metric tons of CO2 reduced. Read More

February 04, 2020

Nodal Exchange achieves new records in power futures in January including majority of PJM and ISO-New England open interest

Nodal Exchange achieved its 18th consecutive month of record calendar month trading volume in power futures in January 2020 with 179 million MWh ($4.9 Billion per side). Read More

January 31, 2020

Nodal Clear Announces Wedbush Securities as New Clearing Member

Nodal Clear, LLC, the clearing house for Nodal Exchange, today announced that Wedbush Securities Inc. has been approved as a clearing member. Read More

January 08, 2020

Nodal Exchange achieves record year in power futures

Nodal Exchange achieved record annual power futures trading volume in 2019 with 1,857 million MWh (notional value of $57.9 billion per side). This represents a 79% growth rate over 2018.  Read More