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Nodal Newsletter | May 2021

Nodal Highlights

NODAL EXCHANGE ACHIEVES RECORDS IN POWER AND ENVIRONMENTAL FUTURES IN APRIL 2021

Nodal power accomplishments in April:

  • Nodal achieved record power futures open interest with 1,076 million MWh per side, which represents a record 51.5% market share.
  • Nodal achieved record calendar month power futures trading with 215.1 million MWh of traded volume for a 46.5% market share, which represents a 20% growth over April 2020.
  • Nodal also set a record this month in the PJM region with 57.5% market share of monthly futures trading volume.

Nodal environmental accomplishments in April:

  • Nodal achieved record open interest in environmental futures with 135,946 lots, representing 12.4% market share.
  • Nodal’s environmental markets posted monthly futures volume in April of 21,359 contracts traded, which is Nodal’s second highest month ever.
  • Record daily volume on Texas Compliance RECs from CRS Eligible Listed Facilities futures of 3,200 contracts (equal to 3.2 million MWh) on April 22.
  • Record volume day for Maryland Solar REC futures trading with 4,050 lots on April 14.

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.

HAPPY 12th ANNIVERSARY NODAL EXCHANGE!

Nodal celebrated its 12th anniversary on April 8. We want to thank our entire trading and clearing community for your support through the years!


Nodal Exchange achieves records in power and environmental futures in April

Nodal Exchange announced today that it achieved several records in monthly power and environmental futures in the United States in April 2021. Nodal Exchange achieved record power futures open interest with 1,076 million MWh per side (equivalent to the electricity consumption of 101 million homes for a year in the USA) at the end of April representing 51.5% market share which is also a new record. Nodal also achieved record open interest in environmental futures open interest with 135,946 lots representing 12.4% market share as of end of April.

In April 2021, Nodal achieved record calendar month power futures trading with 215.1 million MWh of traded volume for a 46.5% market share. This represents Nodal Exchange’s third highest volume month ever and a growth rate of 20% over April 2020. Trading on Nodal was especially strong this month in the PJM region with a record 57.5% market share.

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Nodal offers access to electronic markets

Nodal Exchange offers access to electronic markets in natural gas, power, and environmental futures. Below is a snapshot of our live markets for the Henry Hub 10k monthly contract for outrights, spreads, and strips which can be accessed via our front-end screen. In addition, we also offer the Henry Hub 2.5k per day contract for outrights, spreads, and strips. If you would like more information or access to this screen, please contact Energy Markets or call (703) 962-9820.

Happy 12th Anniversary Nodal Exchange!

Nodal celebrated its 12th Anniversary on April 8. We want to thank our trading and clearing community for your support through the years!

Upcoming Events

May 26-27
NORTHEAST POWER AND GAS MARKETS VIRTUAL CONFERENCE – Nodal Exchange will be sponsoring the Northeast Power and Gas Markets Virtual conference. Our CEO, Paul Cusenza, will be chairing this event. For more information visit: Northeast Power and Gas Markets Virtual Conference

Nodal in the news

April 2021

Nodal Exchange achieves multiple quarterly records in trading

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March 2021

Nodal Exchange achieves record market share in February

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February 2021

Nodal Exchange sets daily trading record in power 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.