NODAL EXCHANGE SETS DAILY TRADING RECORD IN POWER FUTURES
On February 9th, Nodal Exchange achieved a new daily trading record in power futures with a total traded volume of 56.2 million MWh which is equivalent to the electricity that 5.3 million homes would consume in a year in the USA. This surpasses the previous daily trading record of 42.0 million MWh from February 4th, 2020.
NODAL ACHIEVED RECORD OPEN INTEREST IN POWER, GAS, ENVIRONMENTAL IN 2020
Nodal achieved record year-end open interest in 2020 across its key asset classes – power, natural gas and environmental futures – including achieving over 1 billion MWh of open interest as of December 31, 2020. This represents 11% growth from the prior year while the industry declined 1%.
NODAL DECLARED RECOGNIZED OVERSEAS INVESTMENT EXCHANGE BY UK’s FCA
Nodal has been recognized by The Financial Conduct Authority (FCA) in the United Kingdom (UK) as a Recognized Overseas Investment Exchange for the purposes of the Financial Services and Markets Act 2000.
NODAL ACHIEVES NEW RECORDS IN ENVIRONMENTAL IN JANUARY
- Nodal open interest in environmental markets at the end of January 2021 hit 100,108 contracts, up 73% from 57,698 contracts at the end of January 2020.
- Open interest in Nodal REC products topped 90,000 contracts in January, representing about 15% market share in the sector.
- Pennsylvania Solar Alternative Energy Certificate (PA SAEC RECs) futures hit 10,000 contracts of open interest the last week of January, representing 55% market share in that contract.
NODAL ELECTRONIC TRADING
Nodal Exchange offers electronic trading in power, natural gas, and environmental products. The Nodal T7 Trading Platform can be accessed via industry leading web-based trading applications: CQG, Trading Technologies and Trayport. Please contact Nodal’s Account Management team with any questions.