2021 was an exciting year full of many achievements and successes for Nodal. Nodal Exchange achieved record trading volume for all asset classes, launched 159 new contracts, and won two awards for Exchange of the Year from Energy Risk and FOW International Awards. Thank you for your ongoing support, and we wish you and yours a prosperous New Year!

Nodal Exchange announced on January 6^th that it achieved record trading volumes in 2021 across its key asset classes – power, natural gas and environmental futures. Nodal achieved a record 2.2 billion MWh power futures volume traded in 2021, representing 28% growth over 2020. Nodal also set a calendar month trading record in December 2021 with 162 million MWh of power futures volume traded, representing 55% growth over December 2020. Nodal continues to be the market leader in North American power futures having the majority share of the open interest with a record 1.161 billion MWh as of end of year 2021. The open interest represents over $95 billion of notional value (both sides).

Nodal Exchange and IncubEx launched four brand new environmental futures on January 7, 2022, bringing the largest market for environmental products in the world to over 90 futures and options contracts.

Nodal listed physically-delivered futures contracts on:

• California Carbon Offset 8 Futures
• California Carbon Offset 0 Futures
• Maine Class 1A REC Futures
• Massachusetts CES-E Futures

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. Watch Randi Abernethy, Managing Director, Clearing Services, accept the award for Nodal.