Nodal Exchange announced significant growth in both power and environmental futures in the month of September. In power, Nodal set a calendar month record for September 2023 with 224.1 million MWh of traded power futures volume in the month, up 65% from the prior year. Nodal continues to be the market leader in North American power futures having the majority of the open interest with 1.240 billion MWh at the end of September.

September 2023 environmental volume was 28,769 lots, up 10% from 26,190 lots in September 2022. For Q3 2023, Nodal reported environmental futures and options volume of 84,745 lots, up 27% from 66,984 lots in Q3 2022. Environmental markets on Nodal ended September with more than 270,000 lots of open interest, up 32% from a year earlier.

Paul Cusenza, Chairman and Chief Executive of Nodal Exchange, winner of the 2023 Energy Risk Commodity Exchange of the Year award, discusses how Nodal navigated the extreme conditions of the past year and how he expects power and environmental markets to develop in the coming months.

Please join us at the S&P Global Commodity Insights Nodal Trader Conference taking place Thursday, October 26 to Friday, October 27, 2023 at the InterContinental The Wharf in Washington, D.C. Our Chairman and CEO, Paul Cusenza will be the conference chairperson and moderator, and our Chief Strategy Officer, Christian Schneider will be speaking as a panel moderator on Friday, October 27 on the topic: Environmental Markets.

We hope to see you at this conference, or one of the other upcoming events below that Nodal Exchange will be at! For more information or to register for this event, visit: Nodal Trader Conference