Press Releases

November 17, 2020

Nodal and IncubEx launch first-ever physically-delivered RIN futures and options, plus new slate of REC contracts

Nodal Exchange and IncubEx today announced the successful launch of eight new Renewable Identification Number (RIN) futures and options contracts, plus seven new Renewable Energy Certificate (REC) contracts. Read More

November 16, 2020

CFTC Approves Nodal Clear, LLC to Clear for Other Designated Contract Markets

Nodal Clear announced today that the Commodity Futures Trading Commission (CFTC) has approved an Amended Order of Registration for Nodal Clear, LLC, removing a previous requirement limiting its activities as a registered derivatives clearing organization (DCO) to clearing contracts executed on or through its affiliated designated contract market (DCM), Nodal Exchange, LLC. The amended order permits Nodal Clear to clear for other DCMs in addition to Nodal Exchange. Read More

October 29, 2020

Nodal and IncubEx to Expand Environmental Markets with Seven New Renewable Contracts

Nodal Exchange and IncubEx today announced the upcoming launch of seven new Renewable Energy Certificate (REC) futures and options on November 17, 2020. Read More

October 09, 2020

Nodal and IncubEx to launch first-ever physically delivered RIN futures

Nodal Exchange and IncubEx announced today the upcoming launch of eight new Renewable Identification Number (RIN) futures and options contracts. Read More

September 03, 2020

Nodal Exchange achieves new records in environmental futures in August with 132% growth

Nodal Exchange grew its environmental futures open interest 132% from the prior year, ending August with a record 76,933 contracts of open interest.  Nodal Exchange also achieved record market share of open interest in environmental futures contracts with 8.6% market share at the end of August 2020 which is up from 4.7% the prior year.  Read More

July 07, 2020

Nodal Exchange achieves new records in power, natural gas and environmental futures

Nodal Exchange set a new record in power futures open interest in June with 1,052 TWh of power futures open interest.  Nodal Exchange has the majority of power futures open interest in the United States including a record 59% in the PJM market. Read More

June 04, 2020

Nodal Exchange sets records in power open interest in May with majority of market

Nodal Exchange achieved record open interest in power futures in May 2020. Nodal Exchange continues to improve its strong position in the North American monthly power futures market with its highest volume May ever. Nodal had total traded volume in May of 182 Million MWh which surpassed its previous record of 162 Million MWh from May of 2019. Read More

June 02, 2020

Nodal and IncubEx Expand Environmental Markets with Five New Contracts and Twelve REC Vintage Extensions

Nodal Exchange today launched new North American environmental futures and options contracts on the Oregon Clean Fuels Program and renewable energy certificates (RECs). New extended vintages on twelve previously listed REC contracts were also implemented. Read More

May 18, 2020

Nodal Exchange named Exchange of the Year by Energy Risk

Nodal Exchange has been named 2020 Exchange of the Year for the second year in a row by Energy Risk magazine. Energy Risk Awards recognize excellence across global energy and commodities markets. Read More

May 06, 2020

Nodal Exchange sets records in power, environmental, and natural gas open interest in April

Nodal Exchange achieved record open interest in power, environmental, and natural gas futures in April 2020. Read More

May 05, 2020

Nodal Exchange achieves greatest US power open interest after 2nd highest trading day ever

On Friday, May 1, 2020, Nodal Exchange achieved its second highest trading day in power futures with a total volume of 42 million MWh.  The significant trading volume resulted in over 1,030 million MWh of total power futures open interest as of end of day May 1st.  This marked the first time Nodal Exchange had the largest power futures open interest of any exchange in North America. Read More

April 30, 2020

Nodal Exchange Successfully Migrates Additional Natural Gas Open Interest from Nasdaq Futures, Inc.

Nodal Exchange announced today that it successfully migrated a second tranche of natural gas futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchange’s clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFX’s futures and options exchange business. Read More

April 13, 2020

Nodal Exchange Successfully Migrates Natural Gas Open Interest from Nasdaq Futures, Inc.

Nodal Exchange announced today that it successfully migrated natural gas futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchange’s clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFX’s futures and options exchange business. Read More

April 02, 2020

Nodal Exchange achieves 20th consecutive monthly record as well as a new quarterly record

Nodal Exchange achieved its 20th consecutive month of record calendar month power futures trading in March with 140 million MWh of traded volume.  Nodal also set a new quarterly trading record in power futures with a total volume of 579 million MWh in Q1 2020 (notional value of $15.2 billion per side), including 74 million MWh related to the successful migration of power futures from NASDAQ Futures (NFX) on February 6.  Read More

March 17, 2020

COVID-19 Preparedness

Nodal Exchange and Nodal Clear (collectively “Nodal”) appreciate that the Nodal customer community is addressing the potential for adverse impact that recent developments regarding COVID-19 may have on our financial community.  Nodal is closely monitoring the situation.  Read More

March 11, 2020

Trading Technologies and Nodal Exchange Launch Collaboration to Provide Market Access Through the TT® Platform

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Nodal Exchange, a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities market, today announced they have entered into a commercial agreement whereby Nodal Exchange’s contracts will be available for trading through the TT platform. Read More

March 05, 2020

Nodal Exchange achieves record volume and market share in power in February

Nodal Exchange achieved record power futures trading volume in February 2020 with 259.5 million MWh ($6.6 Billion per side), including 73.9 million MWh related to the successful migration of power futures from Nasdaq Futures (NFX) on February 6.  This represents Nodal Exchange’s highest volume month ever, as well as its 19th consecutive record calendar month. Read More

February 06, 2020

Nodal Exchange Successfully Completes Migration of U.S. Power Open Interest from Nasdaq Futures, Inc.

Nodal Exchange announced today that it successfully completed the migration of the U.S. power futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchange’s clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFX’s futures and options exchange business. Read More

February 05, 2020

Nodal Exchange sets daily trading record in power futures as well as records in environmental contracts

On Tuesday, February 4, 2020, Nodal Exchange achieved a new daily trading record in power futures with a total volume of 42.0 million MWh. In addition, Nodal Exchange had record environmental futures trading in January 2020 with 17,058 lots traded. Nodal continues to expand its environmental offering, in collaboration with IncubEx, with the successful launch of the first physically delivered California Low Carbon Fuel Standard (LCFS) futures and options contracts on January 31, 2020: options on 10,000 LCFS credits have already traded on Nodal representing a notional value of about $2 million per side and 10,000 metric tons of CO2 reduced. Read More

February 04, 2020

Nodal Exchange achieves new records in power futures in January including majority of PJM and ISO-New England open interest

Nodal Exchange achieved its 18th consecutive month of record calendar month trading volume in power futures in January 2020 with 179 million MWh ($4.9 Billion per side). Read More

January 31, 2020

Nodal Clear Announces Wedbush Securities as New Clearing Member

Nodal Clear, LLC, the clearing house for Nodal Exchange, today announced that Wedbush Securities Inc. has been approved as a clearing member. Read More

January 08, 2020

Nodal Exchange achieves record year in power futures

Nodal Exchange achieved record annual power futures trading volume in 2019 with 1,857 million MWh (notional value of $57.9 billion per side). This represents a 79% growth rate over 2018.  Read More