Nodal Exchange set a calendar month record for October 2025 with 313.8 million MWh, up 5% from October 2024. Nodal achieved a year-to-date record with January – October 2025 traded power futures volume of 2.652 billion MWh, up 2% from 2.600 billion MWh during the same period in 2024. Nodal continues to be the market leader in North American power futures having the majority share of the open interest with 1.541 billion MWh at the end of October. The open interest represents the electricity to serve about 145 million households for a year (more than the approximately 133 million households in the United States).

Environmental futures and options on Nodal Exchanges posted volume in October of 68,108 lots, up 15% from 59,054 lots a month earlier, with open interest ending the month at 432,163 lots.

Nodal Exchange sponsored the 2025 S&P Global Commodity Insights Nodal Trader Conference last month.

Paul Cusenza, Chairman and CEO of Nodal was Conference Chair. Demetri Karousos, President & Chief Operating Officer at Nodal Exchange, moderated the panel, ‘The Future of Energy Trading.’ Caroline Gentry, Director of Environmental Markets at Nodal Exchange, moderated the panel, ‘Environmental Markets.’

Nodal also hosted its annual Nodal Trader Reception on Thursday at the International Spy Museum where our trading and clearing community could engage and connect.

Thank you to the S&P Global Commodity Insights team for organizing another outstanding conference and to all who attended and contributed to the event’s success.

Attendees at the recent S&P Global Nodal Trader Conference saw the Nodal Access^SM screen in action! The conference, which took place from October 22 – 24 in Washington D.C., successfully featured live demonstrations of the platform at Nodal’s exhibit booth and during the Nodal Trader Reception.

This was an excellent opportunity for traders to experience firsthand the flexible, web-based interface, highly customizable workspaces, and seamless trading functionality across Nodal’s power, natural gas, and environmental markets.

The Nodal Access trading platform is a web-based, customizable solution designed for trading power, natural gas, and environmental contracts. The platform provides users with a secure and flexible system to execute screen-based trades across all of Nodal Exchange’s asset classes, accessible from any browser.

Nodal Access includes front-end features such as highly customizable workspaces, real-time order data, and the availability of many tailor-made power trading contracts. The platform offers rapid implementation of new functionality and integrates seamlessly with existing trade capture solutions for straight-through processing.

“The launch of Nodal Access marks a significant milestone in our commitment to providing innovative and customer-centric solutions for traders,” said Paul Cusenza, CEO of Nodal Exchange. “By delivering a flexible and secure platform, we are empowering our users to trade with confidence and manage their portfolios effectively.”

Since its launch, Nodal Access has consistently attracted a growing number of participants.

Trading firms interested in utilizing the Nodal Access trading platform can contact Screen Support.