Nodal Exchange has been named Exchange of the Year – The Americas and Canada at the FOW International Awards 2021. The FOW International Awards recognize the best and the brightest innovations in the derivatives industry.

Nodal Exchange is the market leader in North American power futures having the majority share of the open interest with a record 1.157 billion MWh at the end of November 2021. Nodal also continues to grow its position in the U.S. environmental markets. Environmental futures open interest at the end of November 2021 was a record 166,236 lots, up 70% from the prior year. Nodal is a leader in innovation, having introduced the largest suites of power and environmental contracts in the world.

Nodal Exchange today announced new volume and open interest records in its power, natural gas and environmental markets. In power, Nodal set a calendar month trading record in November 2021 with 245 million MWh of power futures volume traded, representing a record 47.3% market share and a growth rate of 140% over November 2020. Nodal continues to be the market leader in North American power futures having the majority share of the open interest with a record 1.156 billion MWh at the end of November. The open interest represents over $108.7 billion of notional value (both sides).

Nodal Exchange grew its position in the U.S. natural gas market with record trading volume of 279 million MMBtu in November 2021. Nodal also achieved record natural gas futures open interest with 330 million MMBtu as of end of November.