Nodal Exchange announced new year-to-date record volume across power, natural gas and environmental futures as of end of November 2024. In power, Nodal achieved record traded power futures volume of 2.797 billion MWh from January to November 2024, up 9% from the same period in 2023. Nodal continues to be the market leader in North American power futures having the majority share of the open interest with 1.405 billion MWh at the end of November. The open interest represents over $129 billion of notional value (both sides).

Nodal Exchange saw a 193% increase in natural gas futures traded volume from January to November 2024 compared to the same period in 2023, reaching a record high of 857 million MMBtu traded.

Nodal Exchange offers cash-settled monthly natural gas futures, spreads, strips and calls. Additionally, we offer futures style margin gas options alongside the traditional equity style margin options. Futures and options are offered in both a 2,500 MMBtu lot size and a 10,000 MMBtu lot size.

Nodal Exchange’s natural gas market is heading into year-end on a record upswing. Overall natural gas traded volume on Nodal Exchange continues its strong growth, with Q4 2024 volume to-date already up 152% compared to Q4 2023. November contributed to this success, with total traded volumes nearly 14% above the monthly average for the year. Screen-traded volume alone increased by 8.1% from October, rising from 10.38 million MMBtus to 11.22 million MMBtus, reflecting steady growth in this segment of the market.

With numerous firms across the entire natural gas value chain actively participating in our market, both via blocks and the screen, the stage is set for more record volumes in 2025.

For more information, visit: Nodal Exchange Natural Gas