Nodal Exchange announced significant growth in power and environmental futures in July 2025. Nodal achieved a calendar month record for July with power futures volume of 190.3 TWh, up 32% from July 2024. The majority of U.S. power futures open interest is on Nodal Exchange with 1.475 billion MWh representing $147 billion of notional value based on both sides as of the end of July 2025.

Environmental futures and options volume on Nodal Exchange in July was 62,838 lots. Open interest ended the month at 391,337 lots. Environmental markets were led by renewable fuel futures and options volume which totaled 21,424 lots in July, up 827% from a year earlier. Nodal Exchange also posted a monthly delivery record in July of 48,779 contracts. Nodal, in collaboration with IncubEx, offers the world’s largest exchange listed suite of environmental products.

Nodal Exchange is pleased to announce the Nodal Access^SM trading platform, a web-based, customizable solution designed for trading power, natural gas, and environmental contracts. The platform provides users with a secure and flexible system to execute screen-based trades across all of Nodal Exchange’s asset classes, accessible from any browser.

Nodal Access includes front-end features including customizable workspaces, real-time order data, and tailored to trading Nodal Exchange’s contracts. The platform offers rapid implementation of new exchange functionality and integrates seamlessly with existing trade capture solutions for straight-through processing.

“The launch of Nodal Access marks a significant milestone in our commitment to providing innovative and customer-centric solutions for traders,” said Paul Cusenza, CEO of Nodal Exchange. “By delivering a flexible and secure platform, we are empowering our users to trade with confidence and manage their portfolios effectively.”

Nodal Exchange participants using the Nodal Access trading platform will be able to execute trades on the wide range of products listed on Nodal.

Products include:

• Power: Futures contracts for on-peak and off-peak power at commercially significant locations in the ISO-NE, NYISO, PJM, MISO, ERCOT, SPP and CAISO markets as well as Mid-C.
• Natural Gas: Cash settled futures contracts for Henry Hub.
• Environmental: Futures contracts on Renewable Energy Certificates; Carbon Emission Credits Allowances, & Offsets; Renewable Fuel Credits; and SO2/NOx Emission Allowances developed in collaboration with IncubEx.

Trading firms interested in utilizing the Nodal Access trading platform can contact screensupport@nodalexchange.com.

Nodal Clear will extend 24×7 clearing to support Coinbase Derivatives Exchange’s launch of nano Solana (SLPZ30) and nano XRP (XPPZ30) perpetual-style futures expected on Trade Date Monday, August 18, 2025, with trading starting Friday, August 15 at 17:00 CT.

These 5-year, cash-settled, margined contracts, sized at 5 Solana and 500 XRP, will be cleared around the clock by Nodal Clear, providing traders with continuous, U.S.-regulated access to capital-efficient, perpetual-style futures markets.

With 24×7 clearing and trading, market participants can execute strategies anytime, in a secure and compliant environment, without the regulatory and counterparty risks of offshore exchanges.