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Nodal Newsletter | December 2021

Nodal Highlights

NODAL WINS EXCHANGE OF THE YEAR

  • Nodal Exchange was named Exchange of the Year – The Americas and Canada at the FOW International Awards 2021 during a ceremony in London. The FOW International Awards recognize the best and the brightest innovations in the derivatives industry.

NODAL POWER HIGHLIGHTS

  • 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.

NODAL ENVIRONMENTAL HIGHLIGHTS

  • A total of 23,522 environmental lots was traded in November 2021, up more than 110% from 11,157 lots in November 2020.
  • Open interest at month-end was a record 166,236 environmental lots, up more than 70% from a year earlier.

NODAL NATURAL GAS HIGHLIGHTS

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

Nodal Exchange wins Exchange of the Year at FOW International Awards 2021

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.

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Nodal Exchange achieves trading records in power, natural gas and environmental markets in November with over 100% growth

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.

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Nodal in the news

November 2021

Record volume with growth in power and environmental markets

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October 2021

Our records keep growing! Power up 63% & Environmentals up 244%

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September 2021

Strongest ever month! New records in power and environmental futures

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About Nodal

Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the world's largest set of electric power locational (nodal) futures contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. In addition, Nodal Exchange offers natural gas and environmental contracts. All Nodal Exchange contracts are cleared by Nodal Clear which is a CFTC registered derivatives clearing organization. Nodal Exchange is a designated contract market regulated by the CFTC.