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.

    „Nodal Exchange is honored to receive the Exchange of the Year award from Energy Risk for the second year in a row. We are grateful for the support of our entire trading and clearing community without which this achievement would not have been possible, and we are pleased that Energy Risk has recognized our success.“

    Paul Cusenza, Chairman and CEO of Nodal Exchange.

    Nodal Exchange continues to improve its strong position in the North American power futures markets and currently has the majority of the market with over 1 billion MWh of open interest. Nodal Exchange traded volume grew by 79% in 2019 and 27% over the first four months of 2020.

    In addition, Nodal, working with its collaborator IncubEx, set a new record in U.S. environmental futures open interest with 68,874 lots and 7.4% market share at the end of April. Environmental open interest grew 230% year over year in April. Nodal has the broadest set of environmental contracts of any futures exchange in the world. Nodal also achieved a record 1.34% market share of U.S. natural gas futures and options open interest as of end of April.

    Nodal Exchange migrated natural gas futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchange’s clearing house, in April. 1,397,115,000 million British Thermal Units (MMBtu) or 160,000 natural gas lots were migrated to Nodal Exchange in April.


     

    Nodal Exchange named Exchange of the Year by Energy Risk
     

    > Read the full Press Release

    Energy Risk Awards 2020 Winner: Commodities Exchange of the Year
     

    > Read the Article

    Winner Energy Risk Awards 2019 & 2017
     

    > More Information on Nodal Exchange Website